General Electric shares traded lower Monday after the industrial group said it would exit the new build coal power market. © TheStreet General Electric Shares Slide On Plans To Exit New Build Coal Power Market GE said it would continue to focus on and invest in its core renewable energy […]
electric
Founder of electric truck start-up Nikola steps down after being accused of ‘ocean of lies’
Trevor Milton, the founder and executive chairman of Nikola, has resigned amid allegations he misled investors about the prospects of the automotive company, which is developing a line-up of hydrogen- and battery-powered trucks. The Phoenix-based startup, which went public this year, was called out by short-seller Hindenburg Research in a […]
Ford to build new electric F-150 at historic Dearborn site
Ford announced plans Thursday for a new plant to build the electric version of its bestselling vehicle, the F-150 pickup. © Ford An all-electric Ford F-150 prototype during a capability test. The battery-powered truck successfully towed more than 1.25 million pounds of rail cars and trucks during the test. The […]