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Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesElectric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson has stepped down as the…

U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019.Massimo Pinca | ReutersDETROIT — Nikola Corp.…

Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model that powers its new driver-assistance technology.ScreenshotBEIJING — Chinese electric car giant BYD shares…

By CITY & FINANCE REPORTER Updated: 06:10 EST, 15 February 2025 <!-- <!-- --> <!-- --> <!-- --> <!-- The Italian…

A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty ImagesHaute couture fashion house Hermes on Friday reported a better-than-expected jump in…

Derek Redd CHANGING HANDS — The Ziegenfelder Co. announced Thursday that it has been acquired by The Armstrong Group, a company based in Butler, Pa. On hand for the announcement were,…

Check out what's clicking on FoxBusiness.com. Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent…

Lucid MotorsLucid Group shares dropped Monday to a one-month low after the company said it received a subpoena from the SEC.  The SEC's investigation appears focused on the tie-up between Lucid and Atieva.  Atieva was founded as…

The VinFast logo is seen on a car during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Regis DuvignauRegister now for FREE unlimited access to Reuters.comRegisterVinFast to cease gasoline-powered…

This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi'an plant. BYD is set to supply Tesla with batteries "very soon," a senior company executive told a Chinese state media…