Lordstown Motors Responds to Short Seller
A Hindenburg Research report alleged that the truckmaker's product orders "appear largely fictitious and [are] used as a prop to raise capital."
How the Biden Administration Could Benefit EV Players in the U.S.
The incoming administration's focus on environmental issues and reducing the domestic carbon footprint will likely have a dramatic impact, says one analyst.
Feds Subpoena Nikola as Part of Fraud Probe
The electric vehicle maker has been under scrutiny since a short-seller accused it of misleading investors about its technology.
GM Names Delta Executive Paul Jacobson as CFO
“Jacobson is an important hire for GM as it enters into new ventures and continues to restructure its business operations toward all-electric vehicles."
GM Takes 11% Stake in EV Truck Maker Nikola
The deal will enable GM to deploy its Ultium electric battery system and Hydrotec fuel cells in pickups and big rigs.
Ford Targets White-Collar Job Cuts in U.S.
The automaker is aiming to trim at least 1,400 positions through voluntary buyouts as it continues to shift to electric and autonomous vehicles.
Nio Trades Down After Upsized Equity Offering Prices at Discount
With the offering, the Chinese electric vehicle company expects its cash reserves to exceed $2.9 billion.
Li Auto Offers EV Future to U.S. Investors
The Chinese automaker says its extended-range technology "will help accelerate the adoption of electric vehicles in China."
Electric Automaker Fisker to Go Public
The company will merge with special purpose acquisition firm Spartan Energy Acquisition to go public.
Fiat Chrysler, Peugeot to Create No. 4 Automaker
The companies see the $48 billion deal as a move to "capture the opportunities and manage effectively the challenges of the new era in mobility.”