Category: Electric Vehicles

Nov 18

Bus maker Lion Electric mulls sale of the company amid cash woes

Article content MONTREAL — Lion Electric Co. is opening the door to a possible sale of the company as the electric bus maker struggles to staunch an ongoing cash bleed. In a statement Monday, the Quebec-based manufacturer said it is considering various sources of financing as well as alternatives that “include a sale of the […]
Feb 26

Investors flee tumbling EV upstarts once hailed as ‘next Tesla’

Breadcrumb Trail Links Investor Energy Electric Vehicles Shares of Rivian, Lucid well off their peaks Author of the article: Bloomberg News Esha Dey Published Feb 26, 2024  •  4 minute read Join the conversation A Rivian electric vehicle sits in a lot at a Rivian facility in Chicago. Rivian’s stock plummeted more than 25 per […]