The article discusses the recent shutdowns and financial struggles of several companies in the transportation and electric vehicle (EV) sectors. Some of the companies mentioned include:
- Fisker: EV startup that shut down due to financial difficulties
- Lilium: German electric vertical takeoff and landing startup that shut down after running out of money
- Ghost Autonomy: Autonomous driving software startup that shut down in February
- Northvolt: Swedish battery manufacturer that filed for bankruptcy in the US
- Phantom Auto: Teleoperation platform company that shut down in March
- Lilium: German electric vertical takeoff and landing startup that shut down after running out of money
The article also mentions some companies that have received investment or are still operational, such as:
- Vaeridion: Electric aircraft startup that closed a €14 million Series A round
- Archerr: Raised $430 million to build defense aircraft
- Toyota: Made a $500 million investment in Joby Aviation
Overall, the article suggests that the transportation and EV sectors are facing significant challenges, with many companies struggling financially or shutting down entirely.
