Lordstown Motors

1st August 2022

Weekly Brief: BEV Giants’ Tax Boost but Minnows on the Ropes

Democrats in the US Senate agreed to a climate bill that will eliminate the cap on electric vehicle credits, marking a major win for the auto industry. The $369Bn...

Commentary By Andrew Tolve

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20th June 2022

Weekly Brief: Just as EVs Should be Winning, Survival Seems Best Hope

Electric Last Mile Solutions has thrown in the towel and filed for Chapter 7 bankruptcy. The start-up focused on commercial EVs and was working to bring its first electric...

Commentary By Andrew Tolve

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16th May 2022

Weekly Brief: EV Start-Ups Struggle as Established Brands Advance

Lordstown Motors lives to fight another day. The embattled EV start-up cut an 11th hour deal with Taiwanese electronics giant Foxconn to purchase its Ohio factory for $230M. The...

Commentary By Andrew Tolve

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9th August 2021

Weekly Brief: Auto Start-Ups Suffer Fall-Out from SPAC Attack

The automotive industry’s relationship with special-purpose acquisition companies (SPACs) is on the rocks. At the height of the pandemic in 2020, a number of start-ups across the industry, particularly...

Commentary By Andrew Tolve

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26th March 2021

Can Auto Tech Plunder an Endless Pot of Gold?

The next-generation vehicle industry has discovered a massive hoard of treasure. Companies involved in the manufacture, supply and powering of such vehicles are hitting the stock exchange so often...

By Eric Volkman

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14th September 2020

Weekly Brief: Chasing Tesla, GM Takes Risk on EV Start-Up Nikola

The funding frenzy in the electric vehicle industry intensified last week as General Motors took a $2Bn, 11% equity stake in EV start-up Nikola. Nikola burst onto the scene...

Commentary By Andrew Tolve

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