Category: News

Autos World News

Stellantis Powers Up Peugeot with a Billion-Euro French Investment

Big spending usually shows what a company truly values. Not just cash flow, but direction. Into cars, choices like these point toward tomorrow’s roadmaps. Stellantis poured over €1 billion into its old factory at Mulhouse, France a site rooted in history. Though framed as modernization, it’s really about transformation. Peugeot shifts gears here, building electric […]

Money US News

Lucid Motors to Cut 18% of U.S. Workforce, Eliminates COO Role

Electric vehicle maker Lucid Group announced it’s taking a significant step to reshape operations by laying off about 18 percent of its U.S. Workers. Monday’s move is part of cost-saving measures outlined by new Chief Executive Officer Silvio Napoli and included the immediate elimination of the Chief Operating Officer position held by Marc Winterhoff. It […]

Autos World News

Li Auto Targets Tesla FSD with In House AI Chip and Bold Roadmap

Li Auto Declares Open War on Tesla With Full-Stack AI Push “Chinese electric vehicle maker Li Auto has officially thrown down the gauntlet. The company today laid out a full-stack AI strategy that aims to fundamentally disrupt Tesla’s autonomous driving leadership.” Reuters (via Inside EVs). “The company stated at its comprehensive software and embodied intelligence […]

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