In a press release, Nikola stated that it intends to continue providing limited (non-dealer) service and support operations for its trucks plying on the road, including hydrogen refuelling. This will continue till the end of March this year. The company has approached the court to authorise a sale of its assets.
Foxconn and other tech companies are venturing into the electric vehicle market, challenging traditional automakers like Nissan and Honda. Foxconn has established joint ventures and collaborations with several auto and tech companies. While facing challenges, it remains ambitious in its plans to manufacture various electric vehicles and gain a significant market share.
Sales of $10.3 billion decreased in-line with the 4% reduction in global light vehicle production Diluted earnings per share were $1.68, up $0.31, largely reflectin…
ProKidney is a promising company with a strong balance sheet and focus on addressing unmet needs in chronic kidney diseases. Read more on PROK stock here.
Major component manufacturers such as privately owned Robert Bosch GmbH, ZF Friedrichshafen AG and stock-market listed Continental AG have been hurting for years amid a cornucopia of inflationary and competitive pressures, plus the slow recovery of car production following the pandemic.
/PRNewswire-PRWeb/ -- Due to the growing demand for electric vehicles, particularly in California, Mercury Insurance (NYSE: MCY) has compiled a list of the...
Sales of $11.0 billion were level with Q2, 2023, compared to a 2% increase in global light vehicle production Diluted earnings per share and Adjusted diluted earnin…
Electric vehicle maker Fisker has filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology. Fisker Group Inc said in a filing with the US Bankruptcy Court in Delaware that its estimated […]
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggl...