GM in talks to sell shuttered Lordstown factory to Workhorse for EV pickups – TechCrunch

General Motors is in talks to sell its Lordstown vehicle factory in Ohio to Workhorse Group, a battery-electric transportation technology company, to produce EV pickup trucks. It’s a development that could produce a positive outcome for Workhorse, GM and the laid-off workers at the Lordstown factory that stopped producing the automaker’s Chevrolet Cruze in March.…

Execs at Mobike, the bike sharing startup, are raising $20M to buy out the European business by end of June – TechCrunch

Some big changes are afoot for Mobike, the Chinese bike-sharing company that was acquired by IPO-bound on-demand service startup Meituan-Dianping for $2.7 billion last year. Mobike executives in Europe are raising $20 million from outside investors as part of a plan to spin off the European operation. Under the deal, Mobike would not completely divest…