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Nikola Founder Trevor Milton Charged With Misleading Investors

NEW YORK — Trevor Milton, the founder and one-time executive chair of Nikola Corp., surrendered July 29 in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.

July 29, 2021

EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC

Battery maker SES Holdings Pte has agreed to go public by merging with Ivanhoe Capital Acquisition Corp. in a deal that will value the combined company at about $3.6 billion.

July 13, 2021

Xos Delivers Test Vehicles to UniFirst

Xos Inc., a Los Angeles-based manufacturer of fully electric Classes 5-8 commercial vehicles, announced it signed an agreement to deliver three Xos electric step vans to UniFirst Corp. in a test program with potential for additional vehicle purchases for use across the United States.

June 29, 2021

Tesla Dealt Big Blow as Almost All Cars in China Need Safety Fix

Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it has sold in the nation — more than 285,000 of them — be fixed to address a safety issue.

June 28, 2021

VW CEO Sees Autonomy Transforming Cars More Than Electrification

Volkswagen AG is undergoing the world’s largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the globe. And yet, its CEO sees autonomous-driving technology bringing about an even bigger shift.

June 22, 2021

In Reversal, Lordstown Motors Says It Has No Firm Truck Orders

TOLEDO, Ohio — Struggling electric truck maker Lordstown Motors said June 17 it doesn’t have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022.

June 18, 2021

GM to Spend More on Electric Vehicles, Add Battery Plants

DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.

June 16, 2021

KeepTruckin Launches AI Tool Aimed at Fuel Usage

KeepTruckin launched a solution to help fleets save money on fuel and operate more efficiently, the company announced June 9.

June 11, 2021

Tesla Heavy Trucking Exec Jerome Guillen Departs

Tesla Inc. has parted ways with Jerome Guillen, a 10-year veteran who most recently served as president of heavy trucking and was one of four top executives running the company, including Chief Executive Officer Elon Musk.

June 7, 2021

Cheeseburger While You Charge? Musk Pursues Tesla Restaurant Concept

Move over, In-N-Out Burger. Elon Musk, CEO of Tesla Inc., is one step closer to opening a diner.

June 2, 2021