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"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...

What's particularly interesting is that the new platform is designed for all future propulsion technologies, including battery-electric, fuel cell and internal combustion engines running on renewable fuels including hydrogen. Production will start at the plant located in Dublin, Virginia, in the com...

Espinosa is the current chief planning officer. From April, he will be representative executive officer, president, and CEO of Nissan. Now, according to some media reports, Espinosa might restore the negotiations with Honda.

In practical terms, both truckmakers will manufacture and assemble the cabin in their own facilities, customising specific styling design concepts and selling the products under their respective brands, Ford Trucks and IVECO. The cabin will be developed in compliance with the forthcoming EU Direct V...

Foster played a key role in scaling Zoox’s autonomous and electric vehicle platform, leading its financial and strategic efforts through its acquisition by Amazon. “Jon is the ideal leader to take Range to the next level,” commented Ali Javidan, Range’s Founder and newly appointed President & Chief ...

With just under $50 million in cash on hand (but massive debts accumulated over the years), Nikola now wants to meet the needs of the case and begin orderly dismantling operations. Specifically, a portion of the cash will be used, as detailed in the very statement, for dealer support and management ...