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, 2021Search
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Tesla 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, 2021NHTSA, NTSB Probe Fatal Tesla Crash With No Driver
DETROIT — Two federal agencies are sending teams to investigate the fatal crash of a Tesla near Houston in which local authorities say no one was behind the wheel.
April 19, 2021Audi Takes On Tesla’s Model Y With Entry-Priced Electric SUV
Audi’s new Q4 e-tron will go head-to-head with Tesla Inc. in the fast-growing market of compact crossover SUVs to help parent Volkswagen AG narrow its electric-car sales gap with the world leader.
April 14, 2021Huawei to Invest $1 Billion on Car Tech It Says Surpasses Tesla
Huawei Technologies Co. will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc. and Xiaomi Corp. in the world’s biggest vehicle arena.
April 12, 2021Biden Sees ‘Win’ for US in Electric Vehicle Battery Deal
WASHINGTON — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.â€
April 12, 2021Nikola Loses EVP Heading Fuel Cell Development
Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program.
April 7, 2021EV Stocks Climbing Back on Biden’s ‘Green Tidal Wave’
Electric vehicle stocks, which were hit hard this year as investors shifted out of growth industries, are getting a boost as President Joe Biden mounts a major push to accelerate the adoption of battery-powered cars, and Chinese peers report strong March sales.
April 1, 2021Rivian Plans EV Charging Network
Electric vehicle maker Rivian Automotive is borrowing a page from Tesla Inc. and building an exclusive, fast-charger network for its coming R1T pickup and R1S SUV.
March 26, 2021