Volta Trucks, a leading electric truck company, announced receiving new funding and shared an update on order numbers Thursday morning.
What Happened: The Swedish electric vehicle company said it had raised EUR 37 million ($43.58 million) in a Series B funding round.
Newly public Romeo Power Inc. is betting a large part of its future on a long-term cell supply agreement with LG Electronics that would allow the startup to compete for new business and fill its current backlog.
Welcome back to Truck Talk. This week, we look behind the numbers at recent SPAC financial reports, including a potentially long wait for some Nikola fuel cell truck customers. Also, who reigns supreme in engine-making, Xos mobile energy refueling and more.