More EV Makers Go Broke

Over the course of this program, I have said many times that vehicle manufacturing is not for the faint of heart, or light of pocket.  Years of upfront investment, the buildout of a dealer network, parts network, marketing department, and being able to build and launch a brand-new manufacturing facility, managing what could be hundreds if not thousands of suppliers is often a daunting task, even for established companies.  Two more EV makers have gone broke, but perhaps one may live to see another day.