autos

Los Angeles-based EVgo is one of a handful of firms that General Motors has partnered with to patch together a nationwide electric vehicle charging network called Ultium Charge 360.

The announcement comes as a wave of new EV models are ready to hit the market and governments are pushing plug-in technology.

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Xos Inc., a North Hollywood-based electric vehicle company, announced on Monday it plans to go public through a merger with NextGen Acquisition Corp.

The companies expect to start trading as "XOS" on the Nasdaq by the second quarter of 2021 following a transaction that values the combined entity at $2 billion.

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Los Angeles was built around cars and has exalted rides in its culture and architecture. It birthed the drive-thru restaurant. In East Los Angeles the culture of low riders spread around the world. And the lifestyle has inspired generations of car designers.

Last year, it lured David Zysblat. The 44-year-old English man figured there was no better place to launch his classic car auction site startup Clasiq. It went live on Nov. 30 as the pandemic has canceled many traditional auctions.

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