electric vehicle
SPAC Boom Propels EV Makers to Public Markets
The Lucid Motors Air prototype electric vehicle stands at the company's headquarters in Newark, Calif., in August 2020. (David Paul Morris/Bloomberg News)
Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.
January 22, 2021EV Mania Propels Record Legacy Automaker Gains in 2021
A GM Chevrolet Bolt electric vehicle charges outside the company's headquarters in Detroit. (Jeff Kowalsky/Bloomberg News)
Investors are rewarding U.S. automakers as they embrace electric vehicles to boost growth amid a burgeoning demand for environment-friendly cars.
January 21, 2021GM’s Mary Barra Boosts Stock as Tech Story Gains Credibility
GM CEO Mary Barra talks with reporters following a meeting with lawmakers at the U.S. Capitol in June 2019. (Chip Somodevilla/Getty Images via Bloomberg News)
All General Motors Co. CEO Mary Barra needed to hit a stock record was $27 billion and a bit of braggadocio.
January 20, 2021Spending on Global Energy Transition Hits Record $500 Billion
(Alex Kraus/Bloomberg News)
The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.
January 19, 2021Rivian Reportedly Reaches $27.6 Billion Value on New Funds
Rivian's R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)
Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.
January 19, 2021Hunt for the Next Tesla Fuels Wave of EV Deals
A Tesla Model S vehicle sits parked on a road near the company's Gigafactory building site in Germany in September 2020. (Alex Kraus/Bloomberg News)
Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.
January 12, 2021GM Announces New Electric Delivery Van, Electric Pallet
GM's BrightDrop EV600 electric van is already being tested with FedEx, representatives said. (General Motors via AP)
The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it.
January 12, 2021Daimler Trucks-Backed Proterra to Go Public Through ArcLight SPAC
The Van Hool CX45E electric coach, powered by a Proterra battery. (Van Hool)
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.
January 12, 2021Lucid Motors Reportedly in Talks to Go Public
The Lucid Motors headquarters stands in Newark, Calif., in August 2020. (David Paul Morris/Bloomberg News)
Electric vehicle maker Lucid Motors Inc. is in talks to go public through a merger with one of Michael Klein’s special-purpose acquisition companies, according to people familiar with the matter.
January 11, 2021GM Changes Corporate Logo to Plug Its EV Strategy
GM's new logo keeps the blue box, but moves to lowercase script to appear more modern. (GM)
General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.
January 8, 2021