Mercedes-Benz is giving a sneak peek of an electric van that is among the models broadening its battery-powered range over the next year.
May 10, 2021Search
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Driverless Truck Startup Plus to List in $3.3 Billion SPAC Deal
Self-driving truck technology developer Plus announced it entered into a definitive business combination agreement with Hennessy Capital Investment Corp. V, a publicly traded special purpose acquisition company.
May 10, 2021Lion to Locate Largest EV Plant in Illinois
The Lion Electric Co., a manufacturer of all-electric medium- and heavy-duty urban vehicles, announced it selected Joliet, Ill., for the construction of its U.S. manufacturing facility, with building to ramp up in the second half of this year.
May 7, 2021Tesla Engineer Says Musk Overstated Tesla Autopilot Capability
One of Tesla Inc.’s engineers told California authorities that CEO Elon Musk overstated the capability of Autopilot, the company’s driver-assistance system, early this year.
May 7, 2021Nikola Misses Estimates, Details Additional SEC Inquiry
Nikola Corp. posted a narrower-than-expected loss for its latest quarter as the troubled electric-vehicle startup ramped up testing of its debut battery-electric Class 8 trucks and said securities regulators investigating the company issued an additional subpoena in March.
May 7, 2021Ford Boosts Investment in Solid-State Battery Maker
Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.
May 3, 2021EV-Charging Industry Is Doing Everything Except Showing a Profit
President Joe Biden’s plan to wean U.S. drivers off fossil fuels requires massive investment in public charging stations to power the electric-car revolution. So far, none of the companies that deploy the equipment has figured out how to make a profit.
April 30, 2021Unpaid Taxes Another Troubling Sign for Lordstown Motors
CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.
April 27, 2021Tesla Sticks to Plan to Deliver Semi This Year
Tesla Inc. reported a higher-than-expected seventh consecutive quarter of profit on strong demand for its top-selling Model 3 sedan and announced it will begin deliveries of its Tesla Semi in 2021.
April 26, 2021Nikola’s Stock Selloff Accelerates as Shares Fall Below $10
Nikola Corp. shares fell April 20 to the lowest since January 2019, accelerating a selloff that has now erased all their gains since the electric-vehicle startup went public last year.
April 20, 2021