Electric-vehicle startups were flying high just a few years ago. Now many are focused on survival.
At least 18 EV and battery startups that went public in recent years were at risk of running out of cash by the end of 2024 as of their most recent filings, according to a Wall Street Journal analysis. They include companies such as Nikola and Fisker, which attracted investors with bold promises to transform the industry and fight climate change with their…
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