Investors throughout 2020 have been seeing more potential in electric vehicle startups to compete against Tesla.
TrovaCV will offer its industrial model and manufacturing capability to other commercial vehicle OEMs while developing its own fully electric vehicle.
The retail giant has made a $440 million fleet order to electric truckmaker. The company says new vehicles will hit roadways as early as 2021.
Avis Budget Group, IBM, and Renault-Nissan-Mitsubishi will collaborate with the startups during the Mobility Tech Innovation Collaborative’s 12-week program.
A confidential pitch deck from the startup reveals that Lime is considering renting out the ultra-compact Renault Twizy.
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