Baua Electric

FEBRUARY 2, 2024

CAKE, the Swedish electric motorcycle maker known for its eye-catching designs, is reportedly filing for bankruptcy after failing to raise enough funding to keep operations afloat. Swedish media has reported that CAKE’s board is submitting a bankruptcy application. But it’s not all bad news.

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Electrek

FEBRUARY 2, 2024

CAKE, the Swedish electric motorcycle maker known for its eye-catching designs, is reportedly filing for bankruptcy after failing to raise enough funding to keep operations afloat.

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Electric Motorcycles Motorcycles Companies Electric 123

The Truth About Cars

MARCH 14, 2024

Last week, it appeared that the help could come from Nissan in the form of a $400 million investment and tech-sharing agreement, but the company is now reportedly seeking help with a potential bankruptcy filing. News of Fisker’s search for representation has not been kind to the company’s stock price, which fell 45 percent after hours.

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Teslarati

MARCH 13, 2024

Electric vehicle maker Fisker has sparked potential bankruptcy filing speculations after a report emerged stating that the company had hired restructuring advisors. The company’s shares have also traded below $1 for much of 2024, putting Fisker at risk of being delisted from the New York Stock Exchange.

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Electric Cars Report

AUGUST 8, 2023

Commercial vehicle electrification company Proterra filed for Chapter 11 bankruptcy protection on Monday. The decision to file for bankruptcy was made on a voluntary basis within the jurisdiction of the District of Delaware, where the company is legally incorporated.

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Teslarati

SEPTEMBER 14, 2023

That’s why we put our proposal in two weeks ago to say, ‘Look, you want us to choose bankruptcy over supporting our workers?’ Don’t hesitate to contact us with news tips. The post Ford CEO Jim Farley warns UAW proposal could force bankruptcy appeared first on TESLARATI. ’ Here’s our proposal.

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Electrek

MARCH 15, 2024

On the Electrek Podcast , we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla’s delivery estimates dropping, a NACS extension cable, a possible Fisker bankruptcy, and more.

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Fisker Sustainable Transportation Transportation Tesla 69

Baua Electric

MARCH 13, 2024

Fisker has reportedly hired “restructuring advisers to assist with a possible bankruptcy filing,” according to the Wall Street Journal. But today Fisker received another blow, in the form of a report in Wall Street Journal claiming that the company has hired financial adviser FTI Consulting to help with a possible bankruptcy filing.

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Electrek

MARCH 14, 2024

Fisker has reportedly hired “restructuring advisers to assist with a possible bankruptcy filing,” according to the Wall Street Journal on Wednesday. Update: Fisker responded with a statement, included below.

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Fisker 73

Electrek

NOVEMBER 23, 2023

Just over a month after Volta Trucks announced it was filing for bankruptcy, shareholder and lender Luxor Capital Group looks to breathe new life into the commercial EV startup, potentially salvaging hundreds on jobs in the UK.

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Commercial 113

Baua Electric

MARCH 15, 2024

On the Electrek Podcast , we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla’s delivery estimates dropping, a NACS extension cable, a possible Fisker bankruptcy, and more. The post Podcast: Tesla delivery estimates drop, NACS extension cable, Fisker bankruptcy?,

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Electrek

OCTOBER 13, 2023

more… The post The US’s oldest solar factory filed for bankruptcy in 2017 – but now it’s back appeared first on Electrek. Suniva, once the US’s oldest and largest solar cell maker , has been dormant for six years, but now it’s going to reopen its Georgia factory.

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Electrek

OCTOBER 10, 2023

After an eight-year run and a reign as one of the highest funded EV startups in all of China, WM Motor and its brand Weltmeister have filed for bankruptcy. Today’s news puts a bookend on a turbulent year facing financial struggles, but the startup has vowed to restructure through debt collectors and will seek a rebirth.

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Motor Motors Motoring Market 85

Baua Electric

MARCH 14, 2024

Fisker has reportedly hired “restructuring advisers to assist with a possible bankruptcy filing,” according to the Wall Street Journal on Wednesday. To our understanding, this does not mean that Fisker is necessarily going to file bankruptcy, but rather seeking analysis as to whether it would be the most beneficial path forward.

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Electrek

AUGUST 8, 2023

EV battery and vehicle platform specialist Proterra is the latest company to join an infamous list of electrified tech companies who have filed for Chapter 11 bankruptcy. more… The post Proterra becomes the latest EV innovator to file for bankruptcy protection appeared first on Electrek.

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The Driven EV News

OCTOBER 18, 2023

Swedish electric truck pioneer Volta Trucks to file for bankruptcy following significant battery supply challenges that made it impossible for the company to move forward. The post Electric truck pioneer Volta announces plans to file for bankruptcy appeared first on The Driven.

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Baua Electric

APRIL 4, 2024

Less than six months after a seemingly dooming bankruptcy filing, Volta Trucks has reemerged from the ashes, fresh with redemptive capital and a leaned-down business plan. By October 2023, Volta Trucks announced that it, too, was filing for bankruptcy, citing tight capital markets. FTC: We use income earning auto affiliate links.

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Teslarati

DECEMBER 18, 2022

In recent comments on Twitter, Musk noted that other automakers are actually “much closer” to bankruptcy than the companies realize. Just earlier this month, Elon Musk shared a warning to Lucid Motors after news emerged that the luxury electric car maker was adopting aggressive strategies to save its orders.

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Teslarati

JUNE 27, 2023

Lordstown Motors has sued its investment partner Foxconn and filed for Chapter 11 Bankruptcy, sending the stock in a downward spiral on Tuesday morning. The automaker filed both its Chapter 11 Bankruptcy and its litigation against Foxconn in Delaware.

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The Driven EV News

NOVEMBER 13, 2023

The post Volvo snaps up Proterra battery business in bankruptcy sale appeared first on The Driven. Volvo Group will acquire the battery business of bankrupt American electric vehicle (EV) and powertrain manufacture Proterra in a deal worth $US210 million.

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Volvo Sale Batteries Battery 71

Electrek

FEBRUARY 23, 2023

The company was said to be teetering dangerously close to bankruptcy as it quickly sought out additional funding to keep its factory open. more… The post Arcimoto reanimated, saving the fast three-wheeled electric vehicles from bankruptcy appeared first on Electrek.

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Teslarati

JANUARY 18, 2023

Well-loved EV startup Arcimoto, which produces “ultra-efficient, affordable electric vehicles,” has warned of a potential bankruptcy in a recent filing. The company dealt with supply chain issues as it opened its new factory last year, and filings revealed that cash was running out. Arcimoto’s filing can be viewed below.

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Electrek

JULY 18, 2023

The e-bike maker has officially filed for bankruptcy. more… The post ‘We’ve had to file for bankruptcy,’ reveals VanMoof e-bike CEO in internal email appeared first on Electrek. The final chapter in the VanMoof financial saga has been written this morning.

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International 87

Electrek

NOVEMBER 30, 2021

In an email sent to SpaceX employees, obtained by Space Explored , Elon Musk addressed the ‘crisis’ of Starship Raptor engine production and said the company could face a ‘genuine risk of bankruptcy’ if the company is unable to achieve a Starship flight rate of once every two weeks next year.

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Electrek

JANUARY 19, 2023

After multiple bumps in the road, a potential sinkhole may have opened in front of the company in the form of looming bankruptcy. more… The post Wild 3-wheeled electric vehicle teetering on brink of bankruptcy. But the Eugene, Oregon-based electric automaker has since experienced a slow and arduous fall from grace.

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Electrek

JULY 12, 2023

more… The post Dutch e-bike company VanMoof makes last-ditch effort to avoid bankruptcy appeared first on Electrek. The major Dutch electric bike maker has just applied for and received a postponement of payment from a Dutch court and is temporarily closing its stores.

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Electrek

OCTOBER 31, 2022

Months after announcing plans to terminate its Jeep joint venture in China with GAC Group , the Stellantis JV has officially filed for bankruptcy. The post Stellantis’ Jeep joint venture files for bankruptcy, setting expiry in China appeared first on Electrek.

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Electrek

JUNE 14, 2022

Elon Musk says that electric vehicle startups Lucid and Rivian are tracking toward bankruptcy unless something changes. The post Elon Musk says that Lucid and Rivian are tracking toward bankruptcy appeared first on Electrek.

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Electric Vehicles Vehicles Electric Electrical 100

Electrek

JULY 24, 2023

Less than a week ago, the once highest-funded electric bike brand in the world, VanMoof, declared bankruptcy. more… The post After shocking bankruptcy, anti-VanMoof e-bikes like these may be the answer appeared first on Electrek.

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Future Industrial Industry Companies 78

Electrek

FEBRUARY 20, 2023

Less than a month after declaring bankruptcy, the remaining team at Lightyear has announced plans for a new company entirely focused on getting its short-lived Lightyear 2 into production. more… The post Lightyear tries to claw back from bankruptcy as new company using Solar EV tech as collateral appeared first on Electrek.

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Solar Companies Production 98

Electrek

JUNE 27, 2023

EV startup Lordstown Motors (RIDE) filed for bankruptcy on Tuesday. more… The post Lordstown (RIDE) files for bankruptcy with Endurance electric truck assets up for sale appeared first on Electrek. Thus, the fate of the Endurance electric truck is again up in the air as the company plans to sell off its assets.

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For Sale Sale Electric Electrical 75

Teslarati

NOVEMBER 30, 2021

In a new leaked email, SpaceX CEO Elon Musk says that the company could go bankrupt if, by the end of 2022, it can’t achieve Starship and Starlink milestones that are by all practical appearances out of reach. ” The email raises both skepticism and several major questions. GM & Chrysler went BK last recession.

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Green Car Congress

MARCH 29, 2017

International news services now report that Japan’s Toshiba Corporation (9502.T) T) is preparing to make a Chapter 11 bankruptcy filing in the US for its Westinghouse Electric subsidiary. For most of our readers this news evokes little surprise. News reports this week indicated that both utilities had hired bankruptcy counsel.

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South Carolina Georgia Price International 150

Clean Fleet Report

NOVEMBER 1, 2021

Hertz just exited Chapter 11 bankruptcy reorganization at the end of June, after a rough year in which the pandemic brought its business to a near stand-still. More Tesla News. News: Tesla Moves Up Consumer Reports Ranking. News: Shock & Awe from Tesla. Rental Company Makes Major Move to EVs. The Tesla Deal.

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The Driven EV News

JANUARY 30, 2023

Lightyear's subsidiary has been declared bankrupt but the Dutch solar car company still hopes it can continue with new partners and a new model. The post Dutch solar car company remains hopeful of revival after bankruptcy appeared first on The Driven.

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Solar Companies Cars 59

Electrek

JULY 14, 2023

Those whose bikes are with the company for repair will, however, be able to get them back (though they may not have been repaired) … more… The post VanMoof ebike bankruptcy highlights a risk with all pricey smart hardware [U] appeared first on Electrek.

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Companies 67

The Driven EV News

FEBRUARY 21, 2023

Lightyear promises to continue solar EV mission after receiving enough investor support to create a new company focused on more affordable vehicle. The post Lightyear struggles out of bankruptcy to focus on more affordable solar EV appeared first on The Driven.

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Affordable Solar Companies Vehicles 55