The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.
The maker of luxury electric cars that hopes to challenge Tesla struggled to get parts and build vehicles in the second quarter.
Makers of batteries that could charge in a few minutes are setting up assembly lines, bringing the technology a big step closer to auto showrooms.
To a degree unseen in any other mogul, the world’s richest man acts on impulse and the belief that he is absolutely right.
The company has big plans to turn its delivery fleet green. But very few of the vehicles are made right now.
Tesla, which makes about two-thirds of electric vehicles sold in the United States, has long produced the cars with the best range.
Tesla, which makes about two-thirds of electric vehicles sold in the United States, has long produced the cars with the best range.
The company’s top executive resigned after the struggling automaker released an investigation by its board.
Fueled with money from Wall Street and local officials, automakers plan to build eight million electric cars a year there, more than Europe and North America combined.
Arrival, a developer of electric vans and buses, says it has come up with a cheaper way to build vehicles in small factories. But can it deliver on that promise?