A little creepy - 15 April 2025

LOTUS CUTS MORE JOBS

Following the announcement in November last year, Lotus are cutting a further 270 jobs in the UK. The proposal is claimed to be to “enhance competitiveness”. The jobs will be lost from the Hethel production facility and not the other two sites in the UK. If you want to learn more, click this Autocar article link here.

ASTON MARTIN RESTRUCTURING FINANCES

Lance Stroll is looking to increase his stake in Aston Martin, taking it to 35%. At the same time, the company is selling shares in the F1 team, to help raise further cash. You can read more, by clicking this Yahoo! Finance article here.

STELLANTIS ENDS LEAPMOTOR PRODUCTION IN POLAND

Stellantis has suddenly and without explanation, ended production of the Leapmotor T03 in Poland. The company had already backtracked on opening a second Polish production facility, back in November 2024. If you wish to find out more, click this electrive article link here.

AMPERE GETS NEW CEO

Luca de Meo has handed over the running of Ampere to Josep Maria Recasens, who was the Chief Operations Officer. Ampere is the electric vehicle and software development spin off from Renault. de Meo was CEO of Ampere whilst being CEO of the Groupe Renault. Click this electrive article link to read more.

LUCID WINS NIKOLA FACTORY AUCTION

The bankruptcy auction of Nikola’s assets has enabled Lucid Motors to buy the production facility in Arizona. You can find out more, by clicking this TechCrunch article here.

6000 NEW PUBLIC CHARGERS FOR BRIGHTON

Char.gy and Brighton and Hove city have penned a deal that means 6,000 new public on-street chargers will be installed. Char.gy takes advantage of utilising the greenest/cheapest grid production, with different costs depending on when you charge. You can read more, by clicking this EV Powered article here.

GM AND CRUISE SUED BY INVESTORS

Investors have sued GM and Cruise, claiming that the companies overstated the capability and state of their autonomous project. The lawsuit contends that GM also asserted that the AV division was key to the financial performance of the company, with the company claiming $50 billion profits were expected by 2030. If you wish to find out more, click this GM Authority link here.

HCVA LAUNCHES CAREERS HUB

The Historic and Classics Vehicle Alliance (HCVA), has launched a careers hub that will allow for a central point that will highlight job opportunities in the industry. To learn more,