Daily Archive: July 28, 2023

Xcelerate Launches EV Battery Warranty

This month, Xcelerate Auto is launching a first-of-its kind product for the EV space. It’s an extended EV battery warranty that not only covers the EV’s battery and drive unit, but aims to improve the EV ownership experience in every way. “We take that goal seriously,” explains KJ Gimbel, Xcelerate’s CEO and founder. “A lot […]

Dispute with Karma gets in the way of Lordstown bankruptcy

Lordstown EnduranceBankrupt Lordstown Motors must face a trial over fellow EV firm Karma Automotive's claim that the Ohio-based automaker stole infotainment technology, Reuters reported Thursday. Lordstown filed for bankruptcy in June and had asked U.S. bankruptcy Judge Mary Walrath in Wilmington, Delaware, to approve bidding procedures that would allow the company...