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Automotive Deals

Mullen Automotive Inc’s shares motor ahead after completing the second EV deal

Mullen Automotive Inc (NASDAQ:MULN) saw its shares motor ahead on Wednesday after completing the purchase of bankrupt EV start-up Electric Last Mile Solutions (ELMS), paving the way for the company to manufacture its first electric vehicle. The California-based EV company… Continue Reading…

Automotive Deals

Bankruptcy threat: Lordstown Motors says Foxconn deal unravels

Shares of Lordstown plunged 27 percent to 38 cents in morning trading in New York. Representatives for Foxconn could not be reached for immediate comment. The filing underscores the speed at which the partnership has become destabilized amid turmoil in… Continue Reading…

Automotive Deals

Auto pact formed to secure Stellantis-LGES and Volkswagen deals

PHOTO: Doug Ford/Twitter TORONTO — On Jul. 6, Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance, François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, Doug Ford, Premier of Ontario, and Vic Fedeli, Ontario’s Minister of Economic Development,… Continue Reading…

Automotive Deals

‘Tested & Trusted’ Expert Picks on Sale Now for Amazon Prime Day

‘Tested & Trusted’ Expert Picks on Sale Now for Amazon Prime Day Tested & Trusted How does the average car enthusiast know what products and gear to buy? We ask the experts. The Gear Team has spent the last year… Continue Reading…