After growing nearly eightfold between 2019 and 2023, demand for battery-electric vehicles flattened out last year, then took a dive off a cliff after federal tax credits phased out at the end of ...
One of the highlights from my trip to the Kennedy Space Center Visitor's Center a few years ago was the chance to check out two of NASA's astronaut transfer vans chilling out by the Saturn V rocket ...
The future of transportation is electric. Tesla proved with the Model S that customers would want to buy luxury vehicles ...
Over the decade, numerous EV startups have attempted to enter the electric car market with the hopes of becoming the next Tesla, and they've been met with varying degrees of success. Rivian and Lucid ...
These are rough days to be in the startup car business. I would know. Last year, I was overseeing communications at Fisker Inc. as the company wound down in bankruptcy. It certainly wasn't alone in ...
Canoo, an electric vehicle startup, is now bankrupt and facing lawsuits from unpaid vendors and employees despite receiving millions in investments and government incentives. CEO Tony Aquila, who took ...
You’d think that as long as I’ve been in this business, having witnessed countless broken hearts when an automotive start-up goes belly up, that I’d quit rooting for underdogs when logic and history ...
The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in ...