Hyzon becomes latest SPAC-backed startup to crash
Like numerous SPAC-backed transportation startups, Hyzon Motors has run out of money and plans to shut down.
Like numerous SPAC-backed transportation startups, Hyzon Motors has run out of money and plans to shut down.
James Taylor will take his second run at leading a commercial electric truck company as the new CEO of Bollinger Motors.
Hyliion is getting a second chance to make a viable business with its Karno technology that could help generate a buyer for the company.
Three companies departed autonomous trucking in 2023 as Aurora Innovation, Kodiak Robotics and Torc Robotics staked leadership claims.
Nikola Corp. founder Trevor Milton outside federal court after being sentenced to four years in prison. (Photo: Matthew Lee/Inner City Press)
Israeli tech startups count on losing some employees to military reserve duty. Many more are called during wartime.
Who is leading, following, emerging or out of the game in autonomous trucking? Here’s an assessment of shifts among the players.
A review of the state of SPAC-sponsored and other electrification startup shows a less-than-pretty picture.
Hyzon Motors agreed to pay a $25 million fine to settle a Securities and Exchange Commission fraud case.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Hyzon Motors is not out of the woods yet, but it is current on required financial filings and has streamlined its fuel cell business.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
Proterra Inc. and Ouster Inc. are just two of many technology startups and growth-stage companies struggling financially.
A year ago, they fought over patent infringement. Now Ouster and Velodyne are one company seeking to win in the overcrowded lidar market.
Startup electric last-mile van developer Arrival cut 50% of its workforce as it tries to reduce cash burn and make it to production.
FreightTech startup Freightos is raising money through a public offering rather than seeking venture capital.
La plataforma digital de reservas de carga recauda 80 millones de dólares mediante una fusión
It is pretty much acknowledged across the trucking industry that a consolidation of players in autonomous trucking is coming.
It is not exactly a fundraising round, but Kodiak Robotics is generating $49.9 million in autonomous work for the U.S. Army
Hydrogen fuel cell truck maker Hyzon Motors faces Nasdaq deadlines after missing a financial filing for the second consecutive quarter.