Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding
Read moreRivian finalizes $6.6B loan for its Georgia factory
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump’s inauguration.
Read morePolestar digs in for another grim year
Volvo spinoff Polestar had a rough 2024, and 2025 looks like it could be just as difficult. The EV maker announced Thursday that it expects
Read moreTesla to split $100M award for electric truck charging corridor in Illinois
Tesla, along with three other industry partners, quietly backed an Illinois Environmental Protection Agency application that won $100 million in funding to build electric truck
Read moreEV startup Harbinger’s obsession with simplicity fuels $100M Series B
It’s not an easy time to raise money for an electric vehicle startup, especially given how many have failed or are close to failing. But
Read moreBiden admin snubs Tesla’s $100 million big-rig charging funding request — again
The Department of Transportation announced Friday another $636 million in funding that will be awarded to 49 applicants for electric vehicle charging infrastructure — and Tesla’s
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