Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker
A longtime real estate investor and former Goldman Sachs executive decided to take an electric truck company public. Chaos ensued.
The Parking Garage of the Future
Entrepreneurs envision a “mobility hub” that can save you a spot, help with dinner reservations and offer a place to plug in an E.V. Yes, apps are involved.
Biden Must Get Tough on Car Makers to Slow Climate Change
Trump gutted emissions reductions. The president must make up for time lost.
Volkswagen Sheds Bugatti, Maker of Over-the-Top Sports Cars
Despite sticker prices in the millions, the storied brand chronically lost money. The Croatian firm Rimac will take a controlling interest.
Federal prosecutors are looking into Lordstown, the electric truck company.
It was not clear what issues the prosecutors, with the U.S. attorney’s office in Manhattan, are looking into.
Tesla Sales More than Double in the Second Quarter
Tesla said sales doubled in the second quarter, but Ford reported a more modest increase as the industry grapples with a semiconductor shortage.
Here’s How Biden Aims to Increase Electric Car Sales
The president wants to use pollution rules to rapidly lift sales, but there are hurdles ahead.
Nissan Plans U.K. Battery Factory, a Lift for Post-Brexit Automaking
The Japanese carmaker will also manufacture a new electric vehicle in England as part of a £1 billion investment, partially supported by the government.
Lordstown Motors Invites Investors and Analysts to Its Factory
After an executive shake-up and conflicting statements about prospects for its electric pickup truck, the start-up is inviting investors to pay a visit.
Lordstown Says it Has No ‘Binding’ Orders
The start-up gained attention by purchasing a shuttered General Motors factory in Ohio in 2019. At the time, G.M. was under pressure from President Trump to find a buyer for the plant.