EV maker Workhorse seeks funding, cuts 20% of staff
Commercial electric truck manufacturer Workhorse has cut 20% of its staff and is working to shore up funding to maintain ...
Tag: electric vehicles
Podcast: ‘Weekly Wrap’ on used vehicle values, EVs
Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors. The ...
EV price volatility challenging auto lenders
Some electric vehicles are now cheaper than they used to be, and the lower price tag comes with challenges for ...
EVs pose higher residual value risk in auto ABS
Electric vehicles are giving lenders pause when it comes to auto asset-backed securitization issuance due to increased residual value risk. ...
Podcast: ‘Weekly Wrap’ on credit tightening, performance
The auto finance industry continues to face a tightened credit environment, worsening credit performance and recoveries, and shrinking subprime market ...
Troubled EV maker Fisker said to be in talks with Nissan
Fisker Inc. is in talks with Japan’s Nissan Motor Co., people familiar with the matter said Friday, as the electric ...
Polestar borrows $1 billion to fund rollout of electric vehicles
Polestar has raised $950 million in debt financing as the struggling luxury EV maker seeks funding outside of its parent ...
Honda to sell plug-in hydrogen vehicle in North America, Japan
Honda Motor Co. will introduce a hydrogen fuel cell vehicle that can also be recharged, becoming the first Japanese automaker ...
