Browsing: electric vehicles
Demand for electric vehicles may be waning, but investors seem excited about the debut of a Chinese luxury EV brand in the US. Geely-owned Zeekr hit…
Rivian lost $1.45 billion in the first quarter, showing that recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The electric…
Rivian lost $1.45 billion in the first quarter, showing that recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The electric…
Fisker stiffed the engineering firm that develops the low-cost EV and truck, the lawsuit alleges
Henrik Fischer stood on a stage last August and proudly debuted two prototypes designed to launch Fisker’s eponymous EV startup into the mainstream. There was the…
Rivian is Damn it $827 million in incentives from the state of Illinois to support the development of a next-generation electric vehicle known as the R2.…
Fisker says it plans more layoffs less than two months after cutting 15 percent of its workforce as the EV startup tries to raise cash to…
Tesla has officially unveiled a new Performance variant of its recently refreshed Model 3 sedan as the company tries to deal with falling demand. The new…
Tesla has undergone some major changes, and now we have a sense of why: The company says it’s flipping its product roadmap due to “pressure” on…
Equity platform Midas raises $45 million Series A as fintech keeps its shine in Turkey
Midas, a fintech startup that allows people in Turkey to invest in US and Turkish stocks, says it has raised $45 million in a funding round…
Two high-ranking executives have left Tesla on the same day the electric carmaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of…