Fiat's Little BEV That Could; Rivian, Lucid Feeling Pain; Russia Revives Rosavto
 
















FEBRUARY 22, 2024



What Range Anxiety? Dealers Snap Up Fiat 500e

Stellantis is launching the small, limited-range battery-electric-vehicle in March, and dealers are anxious to get them despite a slowdown in BEV demand.

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Autoline Daily 2024: Top Industry News for Feb. 22
GM Rushing to Make PHEV Pickups; Rivian To Cut Staff as BEV Demand Slackens; Stellantis and Chinese Tech

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New State Corporation to Oversee Russian Auto Industry

Rosavto will not act as a manufacturing enterprise, but will manage of all stages of car production in Russia.

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Rivian and Lucid Post Big Losses, Plan Cuts

Electric vehicle makers Rivian and Lucid post post big losses in 2023. Rivian is forecasting staff cuts, while Lucid is cutting production.

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Flat Mercedes-Benz 2023 Financials See Sales Slow
Automaker reports premium luxury and LCVs hold up against "challenging" economic and logistics environment and that R&D into ICE technology will continue into 2030s as BEV sales stay weak.