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Lucid Slashes Airfares Once More Due to Lower Than Expected Demand

Lucid is dropping the price on its flagship and sole vehicle (for now), the Air sedan, because demand just isn’t where the nascent automaker needs it to be. Three trims of the Air —the Pure, Touring and Grand Touring— will all see varying degrees of price cuts.

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Tesla Dominates Electric Vehicle Charging Market | Giga Gears

Good morning! It’s Tuesday, February 13, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

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“Reviving EV Parts from Decommissioned Airplanes: Giga Gears”

The old saying “one man’s trash is another man’s treasure” is truer than ever with a new Singaporean startup that specializes in targeted commercial jets for cheap electric vehicle components. Yes, I know that sounds a bit strange, but it’s exactly what Nandia REM is doing. The company spoke with Bloomberg and said it…

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France Stops €100/Month EV Leases Due to High Demand

The French government is suspending a subsidized EV leasing program because it’s been flooded with applicants who are eager for cheap EVs. The public lease program offers EVs starting at €100 per month, or $107 at current exchange rates. The program exceeded demand by more than double the amount of expected…

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Tesla Earned $1.8B from Carbon Credits in 2020

You did it, you made it to a new week. It’s Monday, February 12, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

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