I’ve been tracking Lucid’s financial situation all year, and a Motley Fool analysis this week crystallized what prospective buyers need to understand: the company that makes arguably the best-engineered electric vehicles on the road has roughly 18 months of confirmed…
I’ve been tracking Foxconn’s EV strategy since they first announced their ambitions to become the “Android of electric vehicles.” So when I saw the news that their joint venture Foxtron is acquiring Taiwan’s Luxgen brand for just $25 million, my…
The founders of Harbinger Motors have watched EV startups collapse from the inside. Now FedEx is betting they learned the right lessons. Harbinger Motors, a medium-duty electric truck chassis maker led by veterans of failed EV companies Faraday Future, Canoo,…
Chinese-owned electric vehicle maker Polestar announced a reverse stock split on Wednesday as the struggling automaker fights to maintain its Nasdaq listing while reporting a widening third-quarter net loss of $365 million—up from $323 million in the same period last…
Rivian Automotive posted better-than-expected third-quarter earnings Tuesday, reporting a narrowed adjusted loss and positive gross profit for the second time this year. But the electric vehicle maker’s stock surge couldn’t mask the harsh reality waiting just beyond the quarterly numbers:…
Rivian CEO RJ Scaringe sent an internal memo to employees Thursday announcing the company’s third workforce reduction in four months, cutting roughly 600 jobs as the electric vehicle maker struggles with collapsed post-tax-credit demand. The carefully worded message emphasized “structural…
Lucid Motors CEO Marc Winterhoff has urged Congress to preserve the $7,500 federal electric vehicle (EV) tax credit, warning that its elimination could cripple startups like his in a competitive market. As the Senate prepares to vote on a bill…
On April 24, 2025, Slate Auto, a Michigan-based electric vehicle startup, unveiled its game-changing Blank Slate pickup truck in Long Beach, California, promising to shatter the price barrier for EVs with a base cost of $20,000. Backed by Amazon founder…
Fisker Inc., the bankrupt Southern California electric vehicle maker, has received a subpoena from the Securities and Exchange Commission (SEC), potentially signaling an investigation into the company’s practices. This development, reported by the Los Angeles Times, adds another layer of…
Fisker, de startup van elektrische auto's die het moeilijk heeft, heeft faillissement aangevraagd door toenemende financiële problemen en productieproblemen. Het bedrijf, dat bekend staat om zijn elektrische Fisker Ocean SUV, had eerder gewaarschuwd voor een mogelijke ondergang als gevolg van onvoldoende...
Een wanhopige poging om te overleven Fabrikant van elektrische voertuigen (EV) Fisker Inc. sluit zijn hoofdkantoor in Manhattan Beach en verhuist werknemers naar La Palma in Orange County, als onderdeel van een poging om een faillissement af te wenden. Deze verhuizing gaat gepaard met een...
In de competitieve wereld van elektrische voertuigen kan het vinden van fondsen het verschil maken. Fisker Inc. is daar met succes in geslaagd. De EV-startup heeft onlangs aangekondigd dat het maar liefst $150 miljoen heeft opgehaald bij een terugkerende institutionele investeerder. En...
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