4.8 • 31 Ratings
🗓️ 6 February 2022
⏱️ 42 minutes
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0:00.0 | This episode is sponsored by GenTech's Corporation. |
0:07.0 | GenTech is a long time supplier of Electro optical products for the global automotive, aerospace, and fire protection industries. |
0:16.0 | Visit www. Gentex.com to check out the latest in digital vision, Connected Car, and Dimmable Glass Technologies. And the Hello everybody. Welcome to Shift, a podcast about mobility. I'm your host |
0:50.4 | Pete Bigelow, reporter at the Automotive News. |
0:54.4 | How you doing, Pete? This is Leslie Allen and welcome to the show everybody. |
0:59.8 | Thanks Leslie. I'm doing great today and we'll be doing even better when we bring up our conversation here momentarily with today's guest who is Andrew Maynard, a professor at Arizona State University and director of the school's Risk Innovation Lab among his many hats. |
1:17.0 | More on that in just a minute, but we'll be talking about automotive safety, technology, innovation, |
1:23.0 | and how we plan for the future very broadly. |
1:26.4 | A really great conversation that I'm excited |
1:28.5 | to bring to the audience today. |
1:31.9 | But first, Leslie, in the mobility world kind of a downcast week more more of these electric vehicle companies getting in in trouble with with Wall Street and the Securities Exchange Commission. |
1:45.9 | I know you were paying some attention to the latest with the company known as Elms, the |
1:52.2 | Electric Last Mile Solutions Company. the electric last mile solutions company what what happened there? |
1:55.6 | Yeah for those who don't know electric last mile solutions is a commercial |
2:00.8 | EV maker and this week or I should say last week the leaders of the company |
2:07.9 | resigned. We're talking about the CEO and the chairman both resigned and this was after an |
2:14.3 | investigation that found that they had purchased discounted equity in the |
2:19.5 | company just before it went public. So and they've had to restate their financial statements |
2:26.6 | going all the way back to the company's inception in 2020. So not very good times right now for Elms. |
2:36.6 | No, neither from Paraday Future, a similar situation |
2:39.9 | in which an internal review identified some inaccurate statements made by employees to |
2:46.8 | investors and this is just kind of this continuation of the story of all these companies that went public via I shouldn't say all these |
... |
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