As VC-backed e-bike startups went bankrupt, bootstrapped Lectric grew
Lectric, which says the U.S. market is ripe for competition and choice, has launched three new brands in the past six months.
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Lectric, which says the U.S. market is ripe for competition and choice, has launched three new brands in the past six months.
The Ferrari Luce seems to be more aimed at regulatory compliance and China, putting a lot of pressure on the Jony Ive-designed EV.
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a company-wide cost-cutting measure.
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from …