Announced today, Carvana, the leading e-commerce brand for buying and selling used cars, is the fastest to sell one million vehicles online in nine years and the fastest used car retailer ever to organically sell over 400,000 vehicles in one year.
Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced a collaboration with Saia LTL Freight (Saia), a less-than-truckload (LTL) company, to accelerate the implementation of heavy-duty electric transportation trucks.
MotorTrend’s 2022 “car of the year” is a sedan made right here in Arizona. It’s the Lucid Air, manufactured by Lucid Motors in Casa Grande. Mike Boike, Senior Director of Manufacturing at Lucid Motors, told us more about this award-winning car.
ElectraMeccanica Vehicles Corp. (Nasdaq: SOLO), the Canada-based electric vehicle manufacturer and designer, on Thursday revised the timeline of its upcoming assembly facility in Mesa.
Zero Electric Vehicles, Inc. has partnered with AAMCO Transmissions and Total Car Care of Mesa, East Mesa, Gilbert/SanTan, Gilbert/Chandler to Electrify Vehicles by establishing an Authorized Service Provider (ASP) network to provide EV vehicle conversions and post conversion warranty support throughout the Southwest US region.
Newly released documents have revealed more details about why online car retailer Carvana Co. purchased 150 acres and what it could be envisioning for a new inspection center in Surprise. In September, Tempe-based Carvana (NYSE: CVNA) purchased the Cactus Commerce Center on the northeast corner of Cactus and Litchfield roads for $25 million. The site was previously owned by Surprise/Dysart Properties LLC.
Rivian and Lucid aren’t household names. But, somehow, these two electric startups are each worth more than Ford. Both companies are flush with cash, and they’ve reached a major milestone: They are actually producing and delivering vehicles to customers
Lucid Group Inc.’s Air sedan was named MotorTrend’s “Car of the Year” on Monday, the first time that an automaker has won that award with its first car. The Newark, California electric car company only recently began delivering the cars it is making at a new factory in Arizona, catapulting to a value of $86 billion in its first day of trading last Wednesday and raising $11.9 billion in the seventh-biggest U.S. initial public offering of all time.
Tempe-based online used car retailer Carvana has teamed up with Hertz to be a key outlet to sell the national car rental company’s used cars. The partnership comes on the heels of other big partnership moves from Hertz, including the announcement that it would order 100,000 Tesla (Nasdaq: TSLA) electric vehicles and the announcement that it will supply 50,000 Teslas to Uber drivers.
Some of the most high-profile warehouse — and economic development — deals in the U.S. today are in the electric vehicle space.
Whether it’s Tesla Inc.’s (NASDAQ: TSLA) 4-million-square-foot manufacturing facility in Austin, Texas; Ford Motor Co.’s (NYSE: F) three planned battery factories totaling $11 billion in investment and an upcoming Toyota Motor Corp. (NYSE: TM) U.S. battery-production center, it’s clear the market is having a moment right now.