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2020 was a banner year for electric vehicle SPACs with Nikola, Fisker, Lordstown Motors, Canoo, and XL Fleet Corp among companies going public via a reverse merger with a special-purpose acquisition company.
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The Class 1 commercial vehicle from Electric Last Mile Solutions pushes the concept of an efficient, connected, electric last-mile van into daily reality.
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MARL, GERMANY – An explosion and fire at automotive supplier Evonik in Marl, Germany, has resulted in a shortage of a key chemical needed to produce a resin used in automotive components.
Read More →LOS ANGELES - Used-hybrid values have fallen over 25 percent as the demand for smaller, fuel-efficient vehicles has slowed, according to data from Kelley Blue Book (KBB). "More and more consumers base their purchasing decision on vehicle utility and price rather than fuel economy," said Juan Flores, director, vehicle valuation for KBB.
Read More →DETROIT – General Motors Corp. has asked for $2.6 billion of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released April 1.
Read More →LOS ANGELES – Overall hybrid sales have dropped significantly as a result of the nationwide decline in gasoline prices, with used-hybrid values falling over 25 percent since last summer.
Read More →LOS ANGELES – Overall hybrid sales have dropped significantly as a result of the nationwide decline in gasoline prices, with used-hybrid values falling over 25 percent since last summer.
Read More →DENVER – Automakers have announced EcoDriving, a comprehensive nationwide effort to save consumers money at the gas pump, reduce fuel use, and cut carbon dioxide (CO2) emissions.
Read More →DENVER – Automakers have announced EcoDriving, a comprehensive nationwide effort to save consumers money at the gas pump, reduce fuel use, and cut carbon dioxide (CO2) emissions.
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