Text size Fisker believes that Ocean is the world’s most sustainable all-electric SUV. Courtesy of Fisker. It’s official. Spartan Energy Acquisition is buying California-based electric vehicle maker Fisker in a deal that values the startup at $ 2.9 billion, another $ 1 billion valuation for the ultra-powered alternative fuel space. …
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Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
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Nikola Corp. founder Trevor Milton is discovering he has something else in common with rival Elon Musk: they both say their electric vehicle companies are the target of coordinated attacks on social media. Milton lashed out at the negative tweets about its start, claiming “hired hands” have planned an “obviously …
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Text size The novelty of Nikola’s truck technology adds to the volatility of stocks. Courtesy of Nikola. Stock of pioneering electric trucks and fuel cells Nikola is being surpassed by a related safety: Nikola warranties. There are still opportunities in warrants for aggressive investors, and it could seem like free …
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Text size Private company Lordstown Motors has entered the fray, unveiling its all-electric pickup, Endurance. Servpro, a fire and water damage restoration company, has promised to order 1,200 trucks. Courtesy photography The fully electric truck space is getting crowded. More market participants compete for a share of this lucrative segment …
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