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Electric vehicle makers burning cash, slammed by sky-high costs

Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. ....

Saudi Arabia , Lucid Group Inc Or Rivian Automotive , Saudi Arabia Public Investment Fund , Lucid Group Inc , Rivian Automotive Inc , Public Investment Fund , Lordstown Motors , Arrival Sa , Canoo Inc , Avinash Rugoobur , George Gianarikas , General Motors , Ford Motor , Amazon Com , Canaccord Genuity , South Africa , Owetan Live , Ood Life , Reaking News ,

Rivian R1T had better towing capacity than Ford F-150 Lighting in Edmunds test

During a recent test, Edmunds discovered the Rivian R1T has a better towing capacity than the Ford F-150 Lightning, with EV trucks still advancing. ....

United States , Truck Mania , F 150 , Pickup Truck , Electric Vehicles ,

'Con Man:' Founder of Electric Truck Company Nikola Convicted of Fraud

Trevor Milton, the founder of electric truck maker Nikola, was convicted of fraud after being accused of bragging about nonexistent technology in an attempt to inflate his company's stock price. "Trevor Milton is a con man," Assistant U.S. Attorney Jordan Estes said. "He lied to investors to get their money, plain and simple." ....

New York , United States , Marc Mukasey , Edgardo Ramos , Trevor Milton , Chelsey Milton , New York Times , Nikola Motor Company , Hindenburg Research , Us District Court , Jordan Estes , Motor Company , Judge Edgardo Ramos , Rivian Automotive , Electric Vehicles , Green Energy ,

'Con Man:' Founder of Electric Truck Company Nikola Convicted of Fraud

Trevor Milton, the founder of electric truck maker Nikola, was convicted of fraud after being accused of bragging about nonexistent technology in an attempt to inflate his company's stock price. "Trevor Milton is a con man," Assistant U.S. Attorney Jordan Estes said. "He lied to investors to get their money, plain and simple." ....

New York , United States , Marc Mukasey , Edgardo Ramos , Trevor Milton , Chelsey Milton , New York Times , Nikola Motor Company , Hindenburg Research , Us District Court , Jordan Estes , Motor Company , Judge Edgardo Ramos , Rivian Automotive , Electric Vehicles , Green Energy ,

'Con Man:' Founder of Electric Truck Company Nikola Convicted of Fraud

Trevor Milton, the founder of electric truck maker Nikola, was convicted of fraud after being accused of bragging about nonexistent technology in an attempt to inflate his company's stock price. "Trevor Milton is a con man," Assistant U.S. Attorney Jordan Estes said. "He lied to investors to get their money, plain and simple." ....

New York , United States , Marc Mukasey , Edgardo Ramos , Trevor Milton , Chelsey Milton , New York Times , Nikola Motor Company , Hindenburg Research , Us District Court , Jordan Estes , Motor Company , Judge Edgardo Ramos , Rivian Automotive , Electric Vehicles , Green Energy ,