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The head of Lucid Group warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the U.S.

General Motors and LG Energy Solution plan to add more battery production lines at their joint venture plant in Tennessee to make lower-cost cells starting in late 2027, the companies said.

Although proponents of electric terminal tractors say it’s just a matter of time before they’ll fill yards across the country, there are still some challenges ahead.

A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.

A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.

An electric car by U.S. manufacturer Lucid has broken the record for the longest journey off a single charge, traveling 749 miles from St. Moritz to Munich.

The Trump administration’s plan to scrap federal incentives for EVs will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.

Top Chinese electric vehicle maker BYD has shelved plans to build a major plant in Mexico over geopolitical tensions and uncertainty stemming from President Donald Trump’s trade policies.

Rivian produced about half as many electric vehicles as Wall Street expected in the second quarter prior to the launch of 2026 model year vehicles later this month.

Toyota Motor is tapping the brakes on plans to build electric vehicles in the U.S. to free up manufacturing capacity for a popular gas-powered SUV.