Proterra Inc. has extended the bankruptcy auction dates for its three electrification business units while it continues in business.
Nikola will replace battery packs in its electric trucks following several fires. The pack is a high-cost component.
Proterra customers are sanguine about the electric bus and battery maker’s bankruptcy reorganization. They expect deliveries to continue.
Lightning eMotors has enough parts to build electric vehicles through the end of the year, but it needs new capital soon to stay in business.
Nikola is recalling about 209 Class 8 battery electric trucks following 2 battery fires, but the trucks can stay in service pending a fix.
Electric bus and battery maker Proterra Inc. won’t fight an Aug. 17 delisting from the Nasdaq as it works on a bankruptcy reorganization plan.
Most Volvo and Mack electric trucks built since 2019 will get new batteries because of a fire risk caused by loose material in the batteries.
Losers among transportation startups are rapidly being defined, It will take longer to determine the winners.
Less than a year after purchasing Romeo Power to secure its battery supply, Nikola is liquidating the subsidiary.
Lightning eMotors identifies electrifying small school buses and shuttle vans as its niche. Scaling depends on finding new capital.
Nikola will get $35 million in cash and 20.6 million of its shares from ending a joint venture with Europe’s Iveco Group, but ties remain.
Proterra Inc. and Ouster Inc. are just two of many technology startups and growth-stage companies struggling financially.
Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.
Nikola allegedly tried to sign rival Lion Electric customers after canceling a battery supply contract with Romeo Power.
Nikola Corp. maintains it can raise capital through equity sales, but its auditor says that’s uncertain, prompting a notice of going concern.
Nikola is still far from positive financial territory, but the integration of major components should help bring costs down.
Nikola Corp. dijo en una presentación ante el gobierno el jueves que podría quedarse sin dinero en los próximos 12 meses y tener que “modificar o terminar” su negocio. La […]
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
Nikola will move battery pack manufacturing to Arizona and files layoffs notice for a former Romeo Power plant.
It is pretty much acknowledged across the trucking industry that a consolidation of players in autonomous trucking is coming.
Nikola purchased ailing battery startup Romeo Power Systems before its likely failure, but the fallout is spreading.
Autonomous trucking language can be a little off-putting to the uninitiated. One exception may be the term “feature complete.”
How does nearly three years as a nuclear machinist’s mate in the U.S. Navy prepare someone to be CEO of Wabash?
Nikola Corp. is laying off 7% of its workforce and slowing electric production because making more increases the loss.
TruckWings, the aerodynamic invention of Daniel Burrows, has more value than just the half-billion miles of on-road experience.
Romeo Power founder Michael Patterson shares what happened at the startup battery maker as a cautionary tale for other SPAC-backed startups.
A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks.
Rusty Rush not only operates more truck dealerships than anyone on the planet, he also knows technology. And he has opinions on just about everything. So, buckle up. It’s Rush hour.
Unsure that financially struggling Romeo Power could keep supplying batteries for its electric trucks, Nikola is buying the company.
Nikola is helping to bring electric infrastructure companies to the Arizona desert where it has begun production of electric trucks.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
From storing renewable energy stocks to tapping high-voltage transmission lines, the juice to power electric trucks has to come from somewhere.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the trucking industry.
Romeo Power locks in cell supply for its commercial batteries, paying a big price to assure it can answer demand from truck manufacturers.
Precipitous fall in company stock is a backdrop to change at the top of struggling battery maker Romeo Power.
Hybrid powertrain maker Hyliion is increasing electric range to get zero-emission credits for customers of its natural gas-electric Class 8 truck.
Truck Talk is a weekly newsletter that adds perspective and context to issues affecting the trucking industry.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the industry.
Truck Talk, is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Romeo Power CEO Lionel Selwood saw the component shortages coming for commercial vehicle batteries. Romeo hedged by buying on the open market.
BorgWarner continues to build up its portfolio for commercial vehicle electrification with the $880 million acquisition of European battery maker AKASOL.
From truck parts to fuel cells, business leaders face challenges in getting critical components and meeting customer expectations for delivery.
Romeo Power Inc. claims a two-year lead over competitors in the race to fast-charging, long-range batteries for electric trucks. But new entries, backed by blank-check companies like Romeo was, are flooding the market.
