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The 7-year-old electric car company was founded by designer Henrik Fisker, who has been its chairman and CEO. He designed the company's 2022 Ocean all electric SUV as well as the luxury plug-in ...
Fisker on Monday became the latest all-electric vehicle startup to file for Chapter 11 bankruptcy protection amid lackluster consumer demand, significant cash burn and operational and product issues.
The company was based at the Lordstown Assembly plant, previously a General Motors factory. [2] Lordstown Motors was known for its Lordstown Endurance electric pickup truck. In March 2024, the company emerged from its September 2023 bankruptcy restructuring as Nu Ride Inc., headquartered in New York City. [3] [4]
Proterra, a California-based electric bus maker that counts CapMetro among its customers, announced it will seek Chapter 11 bankruptcy protections. Amid bankruptcy filing, EV maker Proterra ...
The company completed the reverse merger that autumn. [5] Fisker Inc. developed the Fisker Ocean, an electric sport utility vehicle (SUV), which was released in 2023. [6] [7] In early 2024, the company experienced intense financial difficulties, and its shares were delisted from the NYSE. [8]
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]
The British electric van-maker, which was backed by Hyundai and BlackRock, was valued at $13 billion upon its listing in 2021, according to Crunchbase. Arrival’s launch was a watershed moment ...
The Byton M-Byte is an all-electric battery-powered SUV concept car. [23] [24] It was first announced is the mid-sized Byton crossover, but only in concept form, with sales expected to commence in the fourth quarter of 2019 in China, Europe and the US.