AD #3344 - ELMS: First EV SPAC Startup to Fail; NIO Confirms Plans for U.S. Market; BMW M2 Features Lots of Piston Power

Autoline Daily
13/06/2022 9 min
AD #3344 - ELMS: First EV SPAC Startup to Fail; NIO Confirms Plans for U.S. Market; BMW M2 Features Lots of Piston Power

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Episode Synopsis

- ELMS Is 1st EV SPAC Startup to Fail- NIO Confirms Plans for U.S. Market- NIO Posts Big Operating and Net Losses in Q1- Tesla Wants 3:1 Stock Split- GM Defense Expands Outside U.S.- Consumers Warm Up to AV Shuttles- Honda 3-Wheel EV Scooter- BMW M2 Features Lots of Piston Power- AvtoVAZ Is Back in Production- Schaeffler Unveils Compact E-Axle- Lockheed and GM Headed to The Moon

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