Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.
February 24, 2022Latest News Updates From Ed Ludlow
Nikola Signs Battery Deal With Proterra for Electric Big Rigs
Nikola Corp. announced a long-term supply agreement with Proterra Inc. for battery technology, giving the electric big-rig maker a second source for the critical components.
January 18, 2022Rivian Plunges Below IPO Price on Mounting EV Competition
Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., fell below the $78 a share price of its November initial public offering.
January 6, 2022Rivian Stumbles in Earnings Debut With Miss on EV Output
Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.
December 16, 2021Lucid Says Air Sedan Will Be First US Car to Use Lidar
Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.
October 12, 2021Lucid to Deliver 520-Mile Electric Sedan in October
Lucid Group Inc. has started production on its debut electric consumer car, with deliveries to begin at the end of October.
September 28, 2021Rivian Gets US Regulatory Go-Ahead to Deliver EVs
Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., says it has received full regulatory certifications and can start delivering its debut electric vehicle to U.S. customers.
September 15, 2021Amazon-Backed Rivian in Talks for $5 Billion Texas Plant
Rivian Automotive Inc., the electric-vehicle startup backed by Amazon.com Inc., is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News.
August 11, 2021Rivian to Delay Production on Supply Chain Woes
Rivian Automotive Inc., the electric pickup maker backed by Amazon .com Inc., is pushing back to September its plans to start production of its debut vehicle, which was supposed to begin this month.
July 16, 2021GM’s Cruise Unit Starts Preproduction on Autonomous Shuttle
Cruise, the self-driving-car unit majority-owned by General Motors Co., has started preproduction on its purpose-built battery-electric autonomous shuttle and boosted its access to cash.
June 15, 2021Trending
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