Startups struggling to make financial ends meet

One is a startup. The other is better described as an early-stage growth company. Choosing lidar maker Ouster Inc. and bus, battery and electric infrastructure provider Proterra Inc. for Securities and Exchange Commission filings scrutiny may be selective. But they represent the ongoing financial difficulties affecting companies trying to advance transportation technology.

Some have already left the stage: XL Fleet was purchased by the Shyft Group. Electric Last Mile Solutions went bankrupt amid...

https://www.freightwaves.com/news/startups-struggling-to-make-financial-ends-meet

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon