Micromobility company Helbiz will secure approximately $82.5 million when it is listed on the NASDAQ stock exchange through a SPAC deal expected to close in the second quarter.
A $250 million e-commerce- and transportation-focused SPAC was filed Friday. Logistics industry veteran Dick Metzler is behind the deal.
U.K.-based Arrival picks Charlotte, North Carolina, as its North American headquarters. It’s a 30-minute drive from its planned microfactory in South Carolina and close to UPS, a major customer for its electric vans.
Startup gets $780 million from Diamond Peak Holdings Corp. to build commercial fleet-focused electric pickup truck.
Hybrid drivetrain maker Hyliion takes a preorder of up to 250 Hypertruck ERX systems from American Natural Gas, securing discounted fuel for Hyliion customers as well as new fueling stations near customer locations with no up-front costs.
Holders of stock in a shell corporation voted Monday to merge with electric driveline maker Hyliion Corp., pledging $560 million to fund the startup’s business plan to make heavy-duty trucks cleaner and quieter.
Andrew, Kevin and Seth talk about the next steps for salvaging Nikola and what to expect for Tesla’s Battery Day. Thanks again to the research contributions from CarrierDirect.
The fallout at Nikola could place additional scrutiny on new public offerings and nontraditional special purpose acquisition companies.
VCs talk SPACs and clean tech investment in wake of Nikola scandal.
Nikola founder Trevor Milton is out as executive chairman of the electric truck startup, the latest fallout from a brutal report by a short seller accusing him of lying about the company’s technology.
Two Volvo VNR electric trucks enter testing; Kenworth dealers taking orders for medium-duty battery-powered trucks; and reverse merger vote date set for startup Hyliion.
Startup electric truck maker Lordstown Motors takes trendy reverse merger route to public ownership, and a $1.6 billion valuation.
Startup electric truck maker Lordstown Motors will go public through a reverse merger, a popular tact to raise capital and speed public trading.
At 28, Hyliion founder and CEO Thomas Healy is planning 15,000 global sales of his hybrid-electric powertrain systems for Class 8 trucks by 2024. A serial entrepreneur, Healy spoke with FreightWaves about his third startup — expected to go public before summer ends.
