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Tag: Lucid Group Inc

Analysis: Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla (TSLA.O) Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.

EXCLUSIVE Rivian ready to invest $5 billion in second U.S. assembly plant -document

Amazon.com Inc (AMZN.O)-backed Rivian plans to invest $5 billion initially in its second U.S. electric vehicle assembly plant, according to a company document shared with state economic development officials.

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