Tech

Lordstown Motors warns its electric vehicle business may fail

Enlarge / This is a rendering of the Lordstown Motors Endurance, which may never be built. (credit: Lordstown Motors) Electric vehicle startup Lordstown Motors said Tuesday it does not have enough money to start commercial production and runs the risk of failing as a business, sending its stock tumbling. The company on Tuesday amended its […]

Tech

Volta Truck’s city delivery trucks will use Proterra batteries

Enlarge / The Volta Zero commercial delivery truck should go into production by 2022. (credit: Volta Trucks) Volta Trucks, a Swedish startup developing battery electric commercial vehicles, has found a battery supplier. On Wednesday, the company signed an agreement with Proterra, a leading US commercial EV manufacturer. The deal was the last piece of the […]

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DHL’s deliveries Become greener with new Electrical trucks at Los Angeles

Expand / / This BYD Class 8 truck, capable of distributing a mixed 82,000 pounds, is yellowish, but it’s also green. (charge: BYD) DHL’s deliveries at the Los Angeles region will find a bit more affordable in time for your holiday rush. The worldwide courier business is devoting four Class 8 trucks into {} , […]

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Nikola has $900 million at the bank, Dropped $117 million Final quarter

Expand / / The Nikola Tre semi truck. (charge: Nikola) Electric truckmaker Nikola was widely ridiculed in September if a short-selling company disclosed that its very first truck, the most Nikola Certainly, never functioned. A promotional video on this truck”in movement” really showed the car rolling down a mountain . However, the organization’s most recent […]

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Nikola founder Purchased truck Layouts by third party

Expand / / A Nikola Badger pickup truck. (charge: Nikola Motors) The first layout for Nikola’s flagship truck has been bought by creator Trevor Milton by a designer at Croatia, based on two people who have knowledge of the problem, despite firm claims within an 2018 lawsuit which the automobile was originally made by Mr. […]