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EV pre-orders pick up as production tightens

Electric vehicle pre-orders picked up in the second quarter at major EV manufacturers as production continues to lag behind demand. At Newark, Calif.-based luxury EV manufacturer Lucid Motors, reservations rose 23.3% sequentially to 37,000 vehicles in Q2, representing potential sales revenue of about $3.5 billion, according to the company’s Wednesday earnings release. That’s compared to ....

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JPMorgan Chase plugs a new site dedicated to electric vehicles

The bank has set up an online “education center” for consumers, dealers and more that walks people through the charging process and helps buyers estimate ongoing costs. ....

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