As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
Romeo Power founder Michael Patterson shares what happened at the startup battery maker as a cautionary tale for other SPAC-backed startups.
A new name in electric truck charging and infrastructure broke cover this week with $1 billion or more in private equity funding.
Unsure that financially struggling Romeo Power could keep supplying batteries for its electric trucks, Nikola is buying the company.
Layoffs get the attention but plenty of electric transportation startups are still hiring. They are getting creative with fundraising, too.
Twin SPAC backer ArcLight Capital is investing $50 million in a truck-as-a-service business that handles Class 1-8 vehicles.
Nikola is helping to bring electric infrastructure companies to the Arizona desert where it has begun production of electric trucks.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Freightliner Custom Chassis Corp. leverages parent Daimler Truck North America’s dealership and service network to battle competitors.
