Text size The Canoo is aimed at young professionals interested in a subscription model. Courtesy Canoo Yet another company with electric cars is publicly traded through a purchase through a special purpose purchase company, or SPAC. This time it’s the Hennessy Capital Acquisition that buys Canoo. Canoo is a self-described …
Read More »Nikola sells 2,500 garbage trucks. It’s not the Badger, but it’s a better deal.
Text size Nikola also has plans to build driveways with long trainers and a pick-up truck. Courtesy Nikola Nikola shares fell Tuesday, following a 22% bounce on Monday following the announcement of an order for 2,500 battery-powered trucks from waste dumps Republic Services. Investors were hungry for treat of customers, …
Read More »Electric vehicles are still hot. Li Auto Jumps on the first day of trading.
Text size LI Auto via Weibo Chinese electric vehicle startup Li Auto set the price for its initial public offering on Wednesday night. The shares opened for trading on Thursday, and were up a lot. Confirm at least one thing: electric vehicle stocks are still hot. Li Auto (ticker: LI) …
Read More »Nikola vs. Tesla Stock: Comparison of the two manufacturers of electric vehicles
Text size Courtesy of Nikola. Batman versus Superman. Yankees vs. Red Sox. Nikola Tesla against Thomas Edison. These are some of the greatest rivalries of all time. There’s another rivalry in the burgeoning electric truck sector: Nikola versus Tesla. Tesla (ticker: TSLA) is now the most valuable automotive company in …
Read More »Nikola starts working at the Arizona factory
Text size Courtesy of Nikola. Nikola has begun construction of a manufacturing plant in Arizona, an important step in commissioning as it seeks to disrupt the heavy truck market. Trevor Milton, founder of Nikola, pursues that goal with two main products: battery-powered or hydrogen fuel cell trucks, . Both will …
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