$148M Electric Truck Startup Is Going Down in Flames, Fast

$148M Electric Truck Startup Is Going Down in Flames, Fast

A federal judge placed Bollinger Motors into receivership after the startup burned through $148M to make about 40 trucks.

RIP Bollinger Motors: Another EV Startup Goes Into Court-Ordered Receivership

After founder and ex-CEO Robert Bollinger filed a lawsuit after a loan to keep the company alive, Bollinger Motors now enters receivership - effectively ending the company as we've known it. The post RIP Bollinger Motors: Another EV Startup Goes Into Court-Ordered Receivership appeared first on The Fast Lane Truck.

The years go by and Faraday Future is still unable to find the way to success. This Chinese manufacturer, which does not lack ambition, delivered only two units of its FF 91 in the first quarter of 2025. The situation of this electric car manufacturer turns into a disaster has appeared first on Automobile Clean.

The future of California-based Faraday Future doesn't look very rosy at the moment.

It was only two years ago that Ford opened its Cologne-based electric car plant. Hope was great. But the mood of departure is blown away. Now it seems that there is a novelty in the company's history.

Cologne - Only two years ago Ford opened its Cologne electric car plant. The hope was great. But the mood of departure is blown away. Now it seems to be a novelty in the company's history.