The Environmental Protection Agency’s greenhouse gas emission standards still require that 32% of new automobile sales be EVs ...
Nikola follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, but it's losses mount every quarter.
American electric vehicle startup Lucid is burning through cash at an alarming rate as it tries desperately to avoid the same fate that hit defunct automakers like Canoo and Nikola. The struggles ...
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...
Even with endless state inducements, companies like Canoo (which lost $900 million and produced a ... Now, if people want to buy electric cars, of course they should be able to. I know people who love ...
The EV manufacturer earned a $110 million gross profit at its core automotive business in the fourth quarter, a milestone ...
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 ...
The limited success of new entrants in the electric vehicle (EV) space has been driven, in part, by a lack of fleet industry ...
Even with endless state inducements, companies like Canoo (which lost $900 million ... Ford had the idea for an electric car in 1913. Tesla rolled out its first Roadster 16 years ago.
Lucid is burning through cash at an alarming rate as it tries desperately to avoid the same fate that hit defunct automakers ...