Rivian finally shows it can actually sell cars for more than the price it costs to build them
The EV manufacturer earned a $110 million gross profit at its core automotive business in the fourth quarter, a milestone ...
Why an electric-truck maker once worth more than Ford just went bust
Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
News91d
Former Canoo employees file class-action lawsuit over layoffs, alleging WARN Act violations
Former employees of the electric vehicle startup Canoo Inc. have filed a class action lawsuit against the company that ...
Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...
New York Sun5d
Electric Vehicles Prove To Be More Status Symbols for the Elite Than Technological Marvels
One assumes there would be a profitable niche market for EVs if the industry significantly scaled back production. Let's find ...
US EV startups under spotlight as Nikola files for bankruptcy
Nikola filed for bankruptcy protection on Wednesday, the latest electric vehicle firm to shut operations after grappling with ...
Canoo Inc. (NASDAQ:GOEV) Receives $108.10 Consensus Price Target from Brokerages
Canoo Inc. (NASDAQ:GOEV – Get Free Report) has received an average rating of “Hold” from the six brokerages that are covering the company, Marketbeat reports. Four analysts have rated the stock with a ...
autoevolution2d
Electric Truck Maker Nikola Goes Bankrupt Following Founder's Arrest and Fraud Allegations
Nikola went public in 2020, started delivering its first trucks in 2021, and is going bankrupt in 2025 following fraud ...
ThePrint2d
Factbox-US EV startups under spotlight as Nikola files for bankruptcy
Nikola filed for bankruptcy protection on Wednesday, the latest electric vehicle firm to shut operations after grappling with ...
Nikola’s EV truck dream goes bust
The 11-year-old EV maker aspired to be the Tesla of trucks. Nikola went public in June 2020 through a blank-check merger amid ...
Nikola files for chapter 11 bankruptcy as cash flow issues, weak demand for vehicles take a toll
The EV start-up, once valued at $30 billion, now plans to sell its assets through an auction. Read what went wrong with the ...
Opinion
Harsanyi: It's time to end the EV racket
As of right now, every major car company other than Tesla loses money on electric vehicles. Honda and General Motors have canceled plans to make new EV models because there's no demand. Toyota cut ...