Nikola follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, ...
Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just months after yanking its headquarters from Los Angeles County to Texas ...
An engineer who worked, for now, bankrupt electric car manufacturer Canoo is sharing what they say were indicators the company was inching closer to a freefall. Now, the company is liquidating its ...
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...
The American company, the former CEO of which went to prison for fraud, will seek to sell off most or all of its assets ...
As of right now, every major car company other than Tesla loses money on electric vehicles. Honda and General Motors have canceled plans to make new EV models because there's no demand. Toyota cut ...
Lots of electric vehicle owners have flexed for their friends by pulling suitcases out of a frunk. Every electric truck on ...
One assumes there would be a profitable niche market for EVs if the industry significantly scaled back production. Let's find ...
Even with over a decade of government help, EVs make up around 9% of all new car sales. And most of these are sold to well-heeled consumers (and government fleets). Electric vehicles are status ...