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Automotive Deals

Mullen Automotive Inc’s shares motor ahead after completing the second EV deal

April 12, 2026

Mullen Automotive Inc (NASDAQ:MULN) saw its shares motor ahead on Wednesday after completing the purchase of bankrupt EV start-up Electric Last Mile Solutions (ELMS), paving the way for the company to manufacture its first electric vehicle. The California-based EV company said it had received approval from the US Bankruptcy Court on October 13 to buy ELMS in a $240 million cash transaction. The deal includes the acquisition of ELMS’ manufacturing plant in Indiana, which is capable of producing 50,000 cars per year. Mullen also acquired all intellectual property of the defunct auto company. READ: Electric vehicles stock climbs on big…

Automotive Deals

Leasing vs. Buying a New Car

April 9, 2026

As attractive as a lease may appear, there are a number of drawbacks: • In the end, leasing usually costs you more than an equivalent loan because you’re paying for the car during the time when it is most rapidly depreciating. • If you lease one car after another, monthly payments go on forever. By contrast, the longer you keep a vehicle after the loan is paid off, the more value you get out of it. Over the long term, the cheapest way to drive is to buy a car and keep it until it’s uneconomical to repair. • Lease…

Automotive Deals

MULN Stock Alert: Mullen Announces $63 Million Order

April 2, 2026

Source: Ringo Chiu / ShutterstockAmong the meme stocks gaining traction today is Mullen Automotive (NASDAQ:MULN). Shares of MULN stock have surged more than 8% in today’s session, moving off of an all-time low seen over the past week. This move is on some rather compelling news for speculators and investors in this upstart electric vehicle (EV) maker. Mullen announced an impressive 1,000-vehicle order from the Randy Marion Automotive Group’s (RMA) Randy Marion Isuzu, LLC segment. The company reports that the deal should amount to $63 million when all Class 3 EV cab chassis trucks are delivered. RMA is a…

Automotive Deals

VW’s battery plant deal changes Canada’s auto sector. Whether it’s worth $13B in subsidies is debatable

April 1, 2026

German automaker Volkswagen was in the city of St. Thomas, Ont., this week, announcing details of their plan to build their first electric battery plant in North America, in a move that backers say will super charge Southern Ontario into becoming a key cog in electric vehicle supply chains. VW’s plan is undeniably huge news in St. Thomas, but whether or not you think it’s enough to transform the place they call the Railway City into something more synonymous with electric cars depends on your perspective. The sheer scale of the plan is jaw dropping. The auto maker is pledging…

Automotive Deals

Bankruptcy threat: Lordstown Motors says Foxconn deal unravels

February 28, 2026

Shares of Lordstown plunged 27 percent to 38 cents in morning trading in New York. Representatives for Foxconn could not be reached for immediate comment. The filing underscores the speed at which the partnership has become destabilized amid turmoil in the EV market. Just about six months ago, Foxconn agreed to invest as much as $170 million in Lordstown and take two board seats. The deal gave the EV maker much-needed capital while offering Foxconn, the Taiwanese manufacturer best known as the maker of Apple Inc.’s iPhone, a firm foothold in automotive production. Foxconn also paid $230 million for a…

Automotive Deals

Chevrolet to Discontinue Bolt EV and Bolt EUV

February 21, 2026

Affordable electric vehicles are few and far between these days. Most automakers went straight to pricey six-figure EVs with a promise to focus on more affordable options in the future. Despite their promises, Chevrolet actually delivered on the affordability front with the Bolt EV and EUV. After the latest price cut for the 2023 model year, the Bolt EV and EUV became some of the cheapest EVs on sale, even undercutting older options like the Nissan Leaf. Shoppers looking to purchase the Bolt EV or EUV better act fast, as production of the affordable EVs is set to end this…

Automotive Deals

US House committee chair ‘concerned’ by Tesla deals in China | Automotive Industry News

February 11, 2026

The leader of a United States congressional committee on China has expressed concern about electric carmaker Tesla’s dependency on China, a day after the company revealed plans to open a Megapack battery factory in Shanghai. Tesla announced the factory in a tweet on Sunday, and Chinese state media said it would initially produce 10,000 Megapack units a year, equal to around 40-gigawatt hours of energy storage, and complement a huge existing Shanghai plant making electric vehicles. Mike Gallagher, the Republican chair of the House of Representatives’ select committee on China’s Communist Party, said on Monday he would like to know…

Automotive Deals

Things Every Client Ought To Know About Auto Repair

January 19, 2026

Auto Repair & Car Mechanic In Oro Valley & Marana Getting regular oil adjustments is certainly one of the most essential upkeep routines that will lengthen the life and safe operation of your automobile. Your brakes are one of the necessary security options of your automobile. Your braking system is comprised of assorted elements corresponding to electronic regulators, hydraulic fluids and transferring mechanical elements. A massive operation it often run out of a industrial shop, which is purpose-built for the business, including mechanical and hydraulic lifts, a business paint sales space, professional tools, and diagnostic computers. Transmission issues usually come…

Automotive Deals

Public Health Tales

January 18, 2026

Homepage Bmj World Health Health advantages and medical health insurance plans comprise exclusions and limitations. Around the world, we battle injustice by providing care first to those that want it most. Victoria’s psychological health and wellbeing system is about to offer better support to the households, carers and supporters of people experiencing mental health and/or substance use challenges – with eight. National Mental Health Service Planning Framework A tool to plan, coordinate and resource mental health companies to fulfill population demands. Select articles cowl judicial review of public health powers and developments in US state public health emergency laws. Our…

Automotive Deals

Workplace Of Congressional Ethics

January 17, 2026

Fhfa House Worth Index Federal Housing Finance Agency The original, English-language model of the present aired in Australia on Network Ten, in New Zealand on TV3, and in Ireland on 3e, TV3’s cable channel. How to explain Nobuhiko Obayashi’s indescribable 1977 film House ? Equally absurd and nightmarish, House may need been beamed to Earth from some other planet. Never earlier than available on house video within the United States, it’s one of the most exciting cult discoveries in years. Add it to your Watchlist to obtain updates and availability notifications. For security reasons, pushchairs cannot be taken into the…

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