Proterra’s surviving businesses may shed bankruptcy stigma
Bankruptcy filings carry a stigma but sometimes the outcomes promise new life. Proterra might be one such story.
Bankruptcy filings carry a stigma but sometimes the outcomes promise new life. Proterra might be one such story.
A big fine for Lordstown Motors and SuperTruck news carry the week over Work Truck Week and technology and maintenance event.
The arcade game Whac-A-Mole describes state-by-state approach to rules of the driverless road while 50-state solution appears far off.
Nikola is in no hurry to artificially boost its stock price to ward off its second Nasdaq delisting notice in eight months.
Electric trucks and charging infrastructure should advance this year without some of the growing pains that held them back in 2023.
Israeli tech startups count on losing some employees to military reserve duty. Many more are called during wartime.
Sweden’s Volvo Group was selected as the winning bidder for the battery and charging assets of bankrupt Proterra Inc.
A review of the state of SPAC-sponsored and other electrification startup shows a less-than-pretty picture.
Proterra Inc. has extended the bankruptcy auction dates for its three electrification business units while it continues in business.
Proterra customers are sanguine about the electric bus and battery maker’s bankruptcy reorganization. They expect deliveries to continue.
Lightning eMotors has enough parts to build electric vehicles through the end of the year, but it needs new capital soon to stay in business.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Electric bus and battery maker Proterra Inc. won’t fight an Aug. 17 delisting from the Nasdaq as it works on a bankruptcy reorganization plan.
Cash-strapped electric bus and battery maker Proterra Inc. sought bankruptcy protection Monday and plans to operate during reorganization.
Less than a year after purchasing Romeo Power to secure its battery supply, Nikola is liquidating the subsidiary.
School buses qualify for a lot of incentives to go electric, but are the vouchers and grants enough to make a difference?
Former Daimler Truck North America CEO Roger Nielsen will become chairman of Proterra Inc. (Photo: Daimler Truck North America)
Proterra Inc. and Ouster Inc. are just two of many technology startups and growth-stage companies struggling financially.
Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.