Lucid Air Stealth Look tones down appearance of electric luxury sedan

Lucid Air Stealth LookThe Lucid Air electric luxury sedan darkens under a new Stealth Look trim option, the EV startup announced on Monday. Available on the Air Grand Touring Performance, Grand Touring, and Touring models, the Stealth Look treatment involves 35 different exterior changes, Lucid said in a press release. Most of those changes involve swapping out the...

EV buyers have far better credit than ICE shoppers

Tesla Store Los Angeles [photo: Misha Bruk / MBH Architects]All the stories about sensible types who waited in line or jumped through hoops to pay huge price premiums on a new electric vehicle? Call them outliers for now, as a new study verifies that EV buyers less likely to take on outsized levels of debt than those purchasing traditional gasoline-powered vehicles. The study, from the credit giant...

Report: Arrival is dropping its Uber car project, electric bus plans

Arrival Car prototypeThe EV startup Arrival is dropping plans for an Uber electric car and electric buses to refocus on electric vans, the Financial Times reported Friday. The project to build a dedicated EV specifically for Uber's ride-sharing service could be revived if sales of Arrival's electric van start generating revenue, according to the report. UK-based...

Will EV tax credit price caps add urgency to arrival of affordable models?

2022 Lucid Air Grand Touring PerformancePrice caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. An extension of the $7,500 credit reportedly has a good chance of moving through the Senate. In its current form, legislation would add price caps of $55,000 for cars and...

BMW is making room for hydrogen in next-generation Neue Klasse EV

BMW iX5 Hydrogen prototypeBMW could engineer its next-generation EV platform to accommodate hydrogen fuel-cell powertrains as well. As reported by Automotive News, BMW chairman Oliver Zipse mentioned this during the automaker's recent half-year earnings call, saying fuel-cell vehicles will be needed to achieve BMW's electrification goals. BMW is aiming for half of its...