UK Government Expected to Announce £1.3 Billion Boost for EV Grant Schemes in 2025 Budget
The 2025 UK Budget is expected to announce a £1.3 billion funding boost for electric vehicle grants and charging infrastructure. Learn the details and impact.
Electric Vehicles
Stellantis Stock Falls 6% After Warning of Major One-Off Costs in Second Half
Stellantis stock fell sharply after warning of major one-off costs in H2 2025 tied to regulatory and EV transition challenges. Analysis of the impact.
Rivian Layoffs: The Full Severance Package Offered to Over 600 Affected Employees
Rivian laid off over 600 employees in 2025. Get the full details on the severance package, including 60 days paid leave, two months’ salary, COBRA coverage, and equity treatment.
GM Cuts 1,200 Jobs at Detroit EV Plant, Citing Slowing U.S. Market Demand
General Motors is cutting 1,200 jobs at its Detroit EV plant and hundreds more at battery sites due to the slowing U.S. electric vehicle market. Get the full analysis on the production shift and market correction.
Lucid Plans $50,000 Midsize EVs Featuring ‘Mind-Off’ Level 4 Autonomy
Lucid Motors plans to launch midsize EVs priced around $50,000 featuring “mind-off” Level 4 autonomous driving, enabled by NVIDIA. Learn the implications for the EV market.
RJ Scaringe Bets Rivian’s Future on Mass-Market Electric SUV to Challenge Tesla
CEO RJ Scaringe is betting Rivian’s future on a new mass-market electric SUV platform to achieve scale and profitability, directly challenging Tesla. Full analysis.