Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...

Key Takeaways Rivian Automotive predicted 2025 deliveries below analysts' estimates.Like electric truckmaker Nikola, which ...

Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...

Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.

The expansion in Thailand, where only one Xpeng model, the G6, is currently available, is part of its ‘go-global 2.0 strategy’.

Nikola to keep up ‘limited operations’ and will pay its employees while it pursues an auction and sale process.

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...

Rivian forecast a modest gross profit for the year, as it managed to cut raw material and supply chain costs in its drive for efficiency.

Nikola follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, ...

Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part of a struggling market.

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...

Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...