Nikola will replace batteries in fire-prone electric trucks
Nikola will replace battery packs in its electric trucks following several fires. The pack is a high-cost component.
Nikola will replace battery packs in its electric trucks following several fires. The pack is a high-cost component.
Nikola allegedly tried to sign rival Lion Electric customers after canceling a battery supply contract with Romeo Power.
Layoffs get the attention but plenty of electric transportation startups are still hiring. They are getting creative with fundraising, too.
Canadian electric truck and bus manufacturer Lion Electric is poised to go public after Northern Genesis Acquisition Corp. shareholders approve SPAC merger.
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Meritor started with an electronic axle and worked forward to pull together all the major components of an electric powertrain that can propel an 80,000-pound line haul tractor or a medium-duty box truck.
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.
Canadian electric truck and bus manufacturer The Lion Electric Company expects to list on NYSE and raise $500 million after combining with blank check company though a SPAC merger.