🚛💧✌️Hydrogen truck maker Nikola says it is exiting its joint venture in Europe and will focus on the North American market. The company reported Q1 losses of around $169M.
🤕📉🔭Lucid's problems are mounting as the company cannot compete meaningfully in Tesla's "price war." Shares were down 7% following reports of more considerable losses than expected while the company still seeks a financial backer to replace Foxconn continues.
🎣🚙🇺🇸Sweden's Volvo wants to capture the hip young crowd with smaller electric SUVs. Little sister to the three-row EX90, the EX30 will debut globally on June 7th and open reservations to the US market the same day.
🚫📀👍Fisker delayed its Ocean EV but wants everybody to know it isn't because of the software. The company denied reports that the EVs only work at low speeds but added an over-the-air update will go out sometime this year.