The EV SPACs are running out of juice

News from Canoo and Arrival illustrates just how far off the rails the EV-SPAC boom has gone.

As Lordstown immolates, SPAC deals that didn’t go to zero feel like the exception

I know that regulation lags the market, but holy hell, what was all this?

EV company Canoo agrees to $1.5M settlement with SEC

Canoo concludes SEC investigation with $1.5M payout, which its CEO says will help the EV company raise more much-needed funds.

Walmart doesn’t want Canoo selling EVs to Amazon

Walmart kicked off a deal with electric vehicle company Canoo on Tuesday to purchase 4,500 of its last-mile delivery vehicles. While the deal is not exclusive, it does prevent Canoo from making sales

EV SPAC Faraday Future now has the attention of the DOJ

Amid an investigation by the Securities and Exchange Commission into inaccurate statements to investors, Faraday Future has received a preliminary request for information from the U.S. Department of J