Future Product

Cost of mpg fuel standards could be 40% lower, report says

Technologies such as turbochargers, advanced transmissions and lighter materials -- aluminum instead of steel, for example -- could reduce fuel efficiency compliance costs by 34 percent to 40 percent per vehicle from 2022-25, the International Council on Clean Transportation said in a new report.

Lucid Motors prices its Tesla fighter at $52,500

Lucid Motors will price its first vehicle, the Air, starting at $52,500. The base price includes $7,500 in federal tax credits.

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