Faraday Future plans cheaper EVs like FX4, targeting Tesla Model Y. Despite low sales and financial struggles, FF aims for fleet orders and China production, but doubts persist about profitability.
Antonio Filosa becomes Stellantis CEO, facing challenges like electric vehicle transition, battery gigafactory issues, rising energy costs, and competition amidst Europe's evolving automotive landscape.
Volkswagen Group is reportedly preparing Italdesign for a sale. The Italian design firm, responsible for iconic cars, faces potential cuts amid VW's financial restructuring. Due diligence is underway.
Tesla hints at budget-friendly EVs, possibly a stripped-down Model Y, amidst production line constraints & financial challenges. Aims for sub-$30,000 price, critical for regaining market share.
GM pauses BrightDrop van production. Tariffs may significantly increase auto costs. Waymo robotaxis gain popularity via Uber in Austin, signaling autonomous vehicle growth. Structural change ahead.
