ElectraMeccanica, former maker of three-wheeled electric vehicles, said on Wednesday that it has “terminated” its plan to merge with Tevva, which makes hydrogen-electric trucks (not sandals). ElectraMeccanica said its board decided unanimo…
ElectraMeccanica, the maker of the tiny three-wheeled Solo electric vehicle, will merge with UK-based truck manufacturer Tevva in a bid to grow their combined market share for electric trucks, the companies said Tuesday. The merger represents a pivot for ElectraMeccanica, which struggled to produce its small electric vehicle profitably. After a recall in February, ElectraMeccanica…
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