Browsing: Bankruptcy
Faraday Future has initiated legal action against Ding Lei, the founder of Human Horizons Holdings, the parent company of HiPhi.…
The U.S. Securities and Exchange Commission (SEC) announced on Thursday that it has reached a settlement with Lordstown Motors Corp,…
British electric vehicle startup Arrival has appointed EY as administrator for two of its units, the consulting firm announced on…
CAKE, the renowned Swedish electric motorcycle manufacturer recognized for its distinctive designs, is reportedly facing bankruptcy as it struggles to…
The Volvo Group has successfully concluded the acquisition of the battery business from Proterra Inc. and Proterra Operating Company Inc.…
Hedge fund Luxor Capital has completed the acquisition of the UK business and assets of Volta Trucks, forming a separate…
In a potential turnaround for commercial electric vehicle (EV) startup Volta Trucks, Luxor Capital Group, a major shareholder and lender,…
In a development raising concerns for Britishvolt’s future, the owner of the battery start-up, Recharge Industries, faces the possibility of…
Dutch e-bike specialist VanMoof has made waves in the bicycle industry for less-than-ideal reasons lately, with the bankruptcy saga dominating…
Phoenix Motorcars has announced its acquisition of Proterra Transit for a sum of $10 million. This move comes shortly after…
Swedish automaker Volvo is set to acquire the battery business of Proterra and Proterra Operating Company for $210 million, aiming…
Volta Trucks, the Sweden-based electric truck manufacturer with operations in the United Kingdom, is actively seeking an acquisition deal to…