General Motors
-
Autonomous Vehicles
General Motors, Lyft and Cray execs join Aurora
The self-driving vehicle company announces new leadership hires; claims 600 employees.
Read More » -
Business
Birth of a SPAC: Ex-GM executive hunting next-gen mobility target
Barry Engle and his Qell Acquisition Corp. raised $380 million to invest in a next-generation mobility startup. But how many great candidates are left in…
Read More » -
Finance
Lordstown Motors SPAC vote set amid unique business risks
The vote to complete a reverse merger for commercial electric pickup startup Lordstown Motors is set for Oct. 22 amid greater than run-of-the-mill business risks.
Read More » -
Equipment
BorgWarner completes $3.3 billion takeover of Delphi Technologies
Second-largest auto supplier merger of 2020 positions BorgWarner for greater role in electrification while completing the breakup of General Motors’ once-vast parts organization.
Read More » -
News
News analysis: Evidence mounts that Nikola Badger is roadkill
As Nikola’s talks continue with General Motors to preserve a supply deal for batteries and fuel cells, evidence is mounting that the Nikola Badger electric…
Read More » -
News
Nikola battles back: Electric truck startup seeks to calm investors (Update)
After three weeks of negative media following a short seller’s allegations of fraud, Nikola is fighting back. The startup electric truck maker showed a timeline…
Read More » -
News
GM deal with Nikola delayed beyond anticipated closing date
A week after renewing confidence in embattled Nikola Corp. and indicating its deal to manufacture the startup’s electric pickup truck was on track, General Motors…
Read More » -
News
Nikola’s hunt for hydrogen station partner stalled – WSJ (Update)
Nikola Corp.’s hunt for a partner to build hydrogen fueling stations for its electric trucks stalled because of a short seller report attacking founder Trevor…
Read More » -
News
Fast track to public listings dealt a blow amid Nikola fallout
The fallout at Nikola could place additional scrutiny on new public offerings and nontraditional special purpose acquisition companies.
Read More » -
Legal issues
Investor lawsuits mount against Nikola, founder Trevor Milton
Three class-action lawsuits have been filed against Nikola Corp. and its founder Trevor Milton, since short seller Hindenburg Research published its damaging report about the…
Read More »