Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...
Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...
Rivian forecast a modest gross profit for the year, as it managed to cut raw material and supply chain costs in its drive for efficiency.
Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
Nikola follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, ...
The expansion in Thailand, where only one Xpeng model, the G6, is currently available, is part of its ‘go-global 2.0 strategy’.
Electric vehicle maker Nikola announced on Wednesday that the company filed for Chapter 11 bankruptcy and will pursue the sale of all its assets, citing monetary issues and a struggling and ...
Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...
With help from famed former judge Leo Strine, Delaware lawmakers have raced to propose a bill friendlier to controlling ...
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