electric vans

Rivian Automotive Inc. (NASDAQ:RIVN) CFO Claire McDonough revealed on Wednesday that decreased deliveries of its electric delivery vans (EDV) to online retail behemoth Amazon.com Inc. in the fourth quarter had a detrimental impact on the EV manufacturer’s...

Electric vehicle company Rivian Automotive (NASDAQ: RIVN) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Rivian reported fourth-quarter revenue of $663 million, which came in shy of a Street estimate of $742.4 million, according...

Automaker Ford Motor Company (NYSE: F) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Ford reported second-quarter automotive revenue of $37.91 billion, beating a Street estimate of $34.32 billion, according to data from...

The global road transportation market could hit carbon neutrality by the year 2050, according to a new analysis of the electric vehicle market by Bloomberg. Here are the key takeaways from the report. What Happened: In 2021, electric vehicles had market shares of 1% for vans and trucks, 9% of...

Rick Dauch isn't fooling around. The new CEO at Workhorse Group is halting sales of the company's long-delayed and production-challenged electric delivery vans because customers want more cargo capacity and a better design. And Workhorse (NASDAQ: WKHS) is recalling 41 vans already in customer...

Two electric van startups are facing different challenges in the months ahead, but at least one analyst remains supportive of both firms' long-term potential. Electric Last Mile Systems (ELMS) will be first out of the gate with its Class 1 electric van, but shipping costs could alter the pricing...

Electric delivery van company Electric Last Mile is set to go public through a SPAC merger with Forum Merger III Corporation. The SPAC Deal: Electric Last Mile will merge with Forum Merger III Corporation (NASDAQ: FIII). The deal values the company at $1.4 billion. Forum Merger III shareholders...

Workhorse Group Inc. (NASDAQ: WKHS) generated just $3,000 in revenue in the fourth quarter on income of $655,000 as it inched toward production of its lightweight electric last-mile delivery vans. The Loveland, Ohio-based company expects to produce 300-400 vans this year at its plant in Union City...