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At their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal.

Volkswagen AG plans to offer a highly automated version of the hippie-era microbus it’s reviving as an electric van as the carmaker commercializes self-driving technology along with startup Argo AI.

Elon Musk’s “Saturday Night Live” episode on May 8 was neither controversial nor disruptive. It was, in the end, a decent but rather uneventful evening, neither the flaming car wreck his detractors expected or edgy show for which his fans were hoping.

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.

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.

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.

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.

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.

Swedish electric-truck startup Einride AB has raised $110 million from investors, including the venture capital arm of the world’s largest shipping company, A.P. Moller-Maersk A/S, to expand its logistics business in Europe and in the U.S.