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Exclusive: Lion Electric CEO On Amazon Partnership, SPAC Merger, Biden Administration
Wednesday, January 13, 2021 - 5:18pm | 797Read More...Lion Electric CEO Marc Bedard and Northern Genesis Acquisition Corp's (NYSE: NGA) Ian Robertson joined Benzinga’s SPACs Attack show to discuss their merger and growth ahead. The SPAC Deal: Lion Electric is going public via a SPAC due to the speed to market. The merger will save...
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Why Lordstown Motors Stock Is Trading Higher Today
Monday, November 16, 2020 - 2:33pm | 368Read More...Shares of the former SPAC are trading higher after announcing a new pre-order figure. What Happened: Lordstown Motors Corp (NASDAQ: RIDE) said there are 50,00 nonbinding production reservations from commercial fleets for the Endurance electric truck. The average deal size is 500 trucks...
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Volvo To Manufacture Fully Electric Heavy-Duty Truck in 2022: FT
Thursday, November 5, 2020 - 7:49am | 579Read More...Swedish heavy vehicle manufacturer Volvo Group (OTC: VLVLY) could be one of the early birds to launch heavy-duty trucks entirely powered by batteries, Financial Times reports. With a range of 300kms, Volvo electric trucks will be open for pre-sales in 2021 and production kicking...
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GM Expected To Announce Expanded Electric Vehicle Production
Tuesday, October 20, 2020 - 12:29am | 482Read More...General Motors Company (NYSE: GM) is planning to announce major investments that will lead to an expansion in the production of electric vehicles at its plant at Spring Hill, Tennessee plant and elsewhere, Reuters reported Monday. What Happened: The investment announcements will come on Tuesday at...
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Lordstown Motors Taps Joe Burrow As Celebrity Spokesman For Endurance Truck
Tuesday, October 13, 2020 - 11:46am | 482Read More...Before it's release, the Lordstown Motors Endurance all-electric pickup has signed a big endorsement deal to bring brand awareness to the truck. What Happened: Lordstown Motors signed Cincinnati Bengals quarterback Joe Burrow as the first brand partner for the Endurance truck. The “Work...
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The Daily Dash: More States Consider Electric-Truck Mandates; Stay Safe And Ignore HOS; Why Electric?
Friday, July 10, 2020 - 4:25pm | 791Read More...The Daily Dash is a quick look at what is happening today in the freight ecosystem. In this edition, California is mandating electric-truck sales, and some other states may follow suit. Plus, drivers facing life-or-death situations shouldn't worry about hours-of-service violations and why are...
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Lightning Systems Raises $41M As Demand For Electric Trucks Grows
Tuesday, December 3, 2019 - 5:22pm | 472Read More...Electric powertrain manufacturer Lightning Systems announced a $41 million funding round to help meet growing demand for electric powertrains in U.S. commercial fleets. BP Ventures led the investment round, which was announced Dec. 3, with additional funds from Cupola Infrastructure Income Fund....
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Nikola Claims Battery Tech Breakthrough To 600-Mile Range
Tuesday, November 19, 2019 - 11:22am | 474Read More...Hydrogen fuel cell electric truck startup Nikola Corp. is touting a high-storage battery that could increase the current range of electric passenger cars from 300 to 600 miles with no increase in battery size. "This is the biggest advancement we have seen in the battery world," said Trevor Milton...
