Tiny EV Maker ElectraMeccanica Pulls The Plug On Its Exit Plan
ElectraMeccanica, former maker of three-wheeled electric vehicles, said on Wednesday that it has “terminated” its plan to merge with Tevva, which makes hydrogen-electric trucks (not sandals). ElectraMeccanica said its board decided unanimously to bin the deal over “multiple incurable breaches…
ElectraMeccanica To Merge With Electric Truck Startup Tevva
ElectraMeccanica, the maker of the tiny three-wheeled Solo electric vehicle, will merge with U.K.-based truck manufacturer Tevva in a bid to grow their combined market share for electric trucks, the companies said Tuesday. The merger represents a pivot for ElectraMeccanica,…
