Business, Fuel, Logistics

Workhorse to Retire Troubled Flagship Electric Delivery Van

Workhorse Group Inc. plans to kill its flagship electric delivery van after a recall last year, turning instead to two new models after what its CEO called a “costly misstep.”

Sean O'Kane | Bloomberg News
March 1, 2022

Lordstown Slumps as CEO Warns of Hurdles in Foxconn Deal

Lordstown Motors Corp. tumbled after the electric vehicle startup said it was disappointed with the progress in its partnership with Foxconn Technology Group, raising questions about a critical deal to sell a factory and begin commercial production.

Sean O'Kane | Bloomberg News
February 28, 2022
Government, Business, Technology, Autonomous

TuSimple Agrees to US Oversight, Concluding Probe

Trucking startup TuSimple Holdings Inc. reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.

Sean O'Kane | Bloomberg News
February 23, 2022