States spend billions on EVs to replace automotive capital Michigan

For as long as there has been an vehicle field, Michigan has been its epicenter. But now, the market is producing crystal clear that it is not bound by tradition.…

Nio completes Hong Kong stock debut without raising new capital

Nio’s et5 electrical sedan is set to start deliveries in Sept. 2022. Nio Shares of Chinese electric-car or truck maker Nio started buying and selling on Hong Kong’s exchange on…

Lordstown slashes ’21 production plans, says more capital needed

Lordstown Motors Corp Main Executive Steve Burns poses with a prototype of the electric auto start-up’s Stamina pickup truck, which it will begin building in the 2nd 50 percent of…

Truck sharing start-up Fluid Truck raises capital in bid to disrupt rental industry 

Fluid Truck Share vehicle. Resource: Fluid Truck A ten years after journey-sharing exploded in acceptance, a commence-up from Denver is betting you will find an untapped market for those people…