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Lucid (LCID) files lawsuit against Texas over direct sales ban

November 7, 2022 2:28 PM EST

Lucid Motors (NASDAQ: LCID), an American electric vehicle maker headquartered in California, has filed a lawsuit against the state of Texas over the state's rules on auto dealerships, which the EV startup labels "economic protectionism."

In a suit filed in Austin, Lucid said... More

Tesla (TSLA) Nio (NIO) and Renault Earn Top Marks from Green NCAP

November 7, 2022 7:38 AM EST

The Green National Car Assessment Program (Green NCAP) released a new set of results on Monday focused on three vehicles during this latest round the Tesla Model 3, NIO eT7 and Renault Megane E-Tech. All three vehicles received an impressive five stars under the Green NCAP sustainable rating scheme, achieving nearly maximum scores due to the high energy efficiency of their electric powertrains, far exceeding the ratings of conventional cars.

The Tesla Model 3, with a battery capacity of 60 kWh, single motor, rear wheel drive and a power of 208 kW is the smallest vehicle of the Tesla (NASDAQ:... More

Tesla (TSLA) Gains Approval for Southfield R&D/Repair Facility

November 4, 2022 1:50 PM EDT

Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) has received approval from Michigan's City of Southfield to expand a building for a research development and repair facility.

The city recently updated its zoning ordinance to allow for "this type of use," Southfield Planning... More