Tuesday, June 14, 2022

Electric Last Mile's bankruptcy petition shows more than $50 million in liabilities

Once a rising EV star with a $1.4 billion valuation, the company was unable to recover from an abrupt loss of leadership and regulatory troubles on top of a lack of financing and manufacturing capabilities.



from Section Page News - Automotive News https://ift.tt/J8CSWUF

No comments:

Post a Comment