The agreement is a rare example of cooperation between a traditional carmaker and an upstart.
The maker of electric pickup trucks, vans and sport-utility vehicles increased its production forecast for the year, but only slightly.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
The company has big plans to turn its delivery fleet green. But very few of the vehicles are made right now.
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?
Investors are betting that small companies like Workhorse will help popularize electric commercial vehicles. And Tesla aims to extend its reach.