Lucid Group Inc. is implementing a sweeping operational reset to slash $1.4 billion in cash burn this year, as new CEO Silvio Napoli tightens financial and operational discipline after quarterly results missed Wall Street estimates. The cost-cutting plan includes slashing…
Hertz, the rental giant, has established a new division called Oro Mobility to support Uber’s robotaxi fleet. Oro will handle charging, maintenance, and repairs for Lucid robotaxis equipped with Nuro autonomous driving technologies. This move comes after Hertz’s previous attempt…
The automotive industry’s pivot from hardware to software has transformed how cars are maintained and upgraded. Modern vehicles now run on millions of lines of code that govern everything from infotainment systems to driver-assistance features and battery management. Over-the-air (OTA)…
Lucid Group Inc. shares crashed as much as 55% on July 14, 2026, after a report claimed the EV maker is exploring drastic measures including bankruptcy protection or going private. The intraday drop triggered multiple trading halts and rippled through…
Lucid Motors is aggressively clearing out its 2026 model-year inventory ahead of the 2027 models hitting showrooms, offering steep discounts on both the Gravity three-row electric SUV and the Air electric sedan. The deals are substantial but not as deep…
In 1983, Ford rolled out the Probe IV concept—a radical four-door that pushed the boundaries of aerodynamics to deliver a drag coefficient of just 0.152 Cd. That figure remains jaw-dropping even by today’s standards, where most production cars struggle to…
Dodge leaned hard on the “banned by NHRA” marketing stunt when it launched the 2018 Dodge Challenger Demon, but the association’s rules have since shifted. The 2018 Demon ran a quarter-mile in 9.65 seconds at 140 mph, which was NHRA-certified,…
MPG-E stands for miles per gallon of gasoline equivalent, a metric the EPA uses to compare the energy efficiency of electric vehicles (EVs) and plug-in hybrids against traditional gasoline cars. The agency calculates it by equating one gallon of gasoline…
Aerodynamics isn’t just about looks—it’s about physics. The drag coefficient (Cd) is the silent efficiency hero under every car’s skin, dictating how much air resistance a vehicle fights as it slices through the atmosphere. A lower Cd means the car’s…
The 2022 Lucid Air Grand Touring, which debuted with an MSRP of $154,000, has plummeted to just $44,800 after four years—a jaw-dropping 73.2% depreciation, according to Kelley Blue Book (KBB). Real-world listings on Autotrader confirm the trend, with clean, average-mileage…