Lucid (LCID) CEO Peter Rawlinson is passing the baton just as the EV maker enters a critical growth phase. After over a decade at the helm, Rawlinson said it’s the right time to step aside. Following the sudden announcement, Lucid’s stock fell over 12% on Wednesday. Despite this, Lucid expects 2025 will still be one of its biggest so far.
New information about the $400 million US government contract for “armored Tesla” vehicles that was reportedly put on hold makes it look shady.
10 Tesla Cybertrucks will be added to the Las Vegas Metropolitan Police (LVMPD) fleet for patrol and SWAT.
The electric trucks were donated.
In case you needed another reason to feel jealous of Chinese car enthusiasts, the Chery Exeed VX C-DM three-row SUV is officially available for pre-order with 610 hp, 1,300 km (over 800 miles) of EREV range, and a starting price of $33,085 US.
With revenue tumbling almost as fast as market share, Tesla stock is taking a pounding – exactly like CEO Elon Musk predicted! We’ve also got FSD rolling out in China, a German automation acquisition, and more on today’s red candlestick edition of Quick Charge!
Lennox Residential HVAC has launched an extreme cold climate heat pump that warms a house with low global warming potential (GWP) refrigerant in temperatures as low as -20F.
EV startup Lucid Motors (LCID) released its fourth-quarter earnings on Tuesday, beating estimates with big expectations for 2025. Lucid said it expects to produce about 20,000 EVs this year with the output of its first electric SUV, the Gravity, ramping up.
Ram Trucks introduced the 2026 Ramcharger pickup this week, its first range-extender electric vehicle (REEV). CEO Tim Kuniskis claims it’s “the ultimate electric truck” with up to 690 miles of range and can tow up to 14,000 lbs. Meanwhile, Ram continues to put its fully electric pickup, the Ram 1500 REV, on the back burner.
Mercedes will use the designation “with EQ technology” rather than naming its EVs with separate “EQ” model names, to focus on treating them more like normal models – in what this author considers an overdue move.
