Search results
Results from the WOW.Com Content Network
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot start-up and rising ...
The electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection, it said Wednesday. Executives said in October the EV maker had enough cash to operate only until 2025's first quarter.
Nikola, an electric-truck startup, was once worth more than Ford but recently filed for bankruptcy. The truck maker faced a high-profile fraud scandal and eventually ran out of money.
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 struggle to lure more buyers beyond the ...
However, it repeatedly missed production deadlines, and production of the Fisker Karma was suspended in November 2012 with about 2,450 Karmas built since 2011 and just over 2,000 cars sold worldwide. [10] [11] The New York Times described the company as the "Solyndra of the electric car industry" and a "debacle". [12]
The electric car was released in March 2012, [10] and initially was available only in California. [11] [12] After low initial sales of the Coda Car, Coda Automotive terminated 15% of its workforce, [13] and entered a period of financial difficulty. [14] [15] By May 2013, Coda was seeking bankruptcy protection. [16]
U.S. electric-vehicle (EV) maker Fisker filed for bankruptcy Tuesday. The California-based electric car company unveiled its Ocean line of cars in 2021, which included a solar roof, a rotating ...
Arrival was a British electric vehicle manufacturer [5] [6] headquartered in Howald, Luxembourg [4] that planned to build lightweight commercial vehicles. [7] Research and development took place at a facility in Banbury, Oxfordshire.