Nikola
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Nikola filed for bankruptcy protection after failing to secure the necessary capital to sustain its operations and continue selling its electric and hydrogen trucks.
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Nikola settles with SEC for $125M, founder Milton's case still ongoingThe deal settles Nikola's part in founder Trevor Milton's misleading statements, but Milton still faces criminal and civil charges.
Stephen Edelstein -
Nikola founder Trevor Milton charged with fraudNikola's founder and former chief is alleged to have made false claims about the company's products to investors.
Viknesh Vijayenthiran -
GM scales back deal with Nikola, will no longer build Badger pickupUnder a new deal, GM will supply Nikola with fuel cell stacks for the startup's planned semi-trailer trucks.
Viknesh Vijayenthiran -
Nikola probed by SEC, DOJ over fraud claimsEV startup Nikola is being probed after a short-seller raised concerns of fraud and deception.
Viknesh Vijayenthiran -
GM to supply production capacity, tech to Nikola in multi-billion dollar dealElectric truck startup Nikola has tapped GM for batteries, fuel cells and production capacity.
Viknesh Vijayenthiran -
Electric semi-trailer truck company Nikola is ready to expand into the world of pickup trucks.
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Budweiser brewer orders 800 Nikola hydrogen-powered semi trucksNikola Motor Company, the startup maker of hydrogen-electric-powered semi-trucks, has received quite an order. On Thursday, Anheuser-Busch announced it plans to purchase up to 800 of the company's semis. The order will effectively replace Anheuser-Busch's entire semi fleet with trucks powered by...
Sean Szymkowski -
Nikola sues Tesla over patent infringement for SemiAs if Tesla didn't have enough issues of late, Nikola Motors has filed a lawsuit alleging the company violated patents for its hydrogen-electric semi. Nikola claims the Tesla Semi is "substantially" similar to its own design. In the lawsuit, filed on Tuesday according to Reuters, Nikola esimates...
Sean Szymkowski -
Watch US Marines test the electric Nikola UTVThe United States Marines have a new toy to test in the Nikola UTV, an electric utility task vehicle. New video shows it getting down and dirty as the military folk test it out. We get to see the UTV take on some pretty rough terrain, which the vehicle crosses with little to no resistance. Nikola...
Sean Szymkowski -
Nikola selects Arizona to manufacture electric semi-trucksNikola has taken a major step toward bringing its extended-range electric semi-trailer truck to market. The company announced on Tuesday that Buckeye, Arizona will be home to its future manufacturing facility. The American startup debuted its One electric semi in December 2016. At that time, Nikola...
Sean Szymkowski -
Electric news: Bosch and Nikola team up on hydrogen semis, Camel Group invests in RimacTwo major movements occurred this week on the alternative-propulsion front. First, Croatian firm Rimac, responsible for the insane Concept_One supercar, announced Chinese battery manufacturer Camel Group has invested $36 million into its future operations. Second, Bosch announced it will join...
Sean Szymkowski -
It was in June that American electric vehicle startup Nikola turned up out of the blue and announced plans to unveil an electric semi-trailer truck by the end of the year. On Thursday, the company stayed true to its word and presented the One electric semi-trailer Class 8 truck. The Nikola One is an extended-range electric truck, with the company choosing to go with a hydrogen fuel cell as the range-extender. A 320-kilowatt-hour lithium-ion battery is built into the frame and is charged on the run by the fuel cell. Drive comes purely from an array of six electric motors. Nikola is still light...
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Nikola Motor Company reveals wicked all-electric UTVNikola Motor Company is the Utah-based startup that promises to bring the world an extended-range electric semi truck. They say it will have 2,000 horsepower and a massive 1,200-mile range. That's great and all, but it's not here yet. What is here, however, is the company's all-electric...
Jeff Glucker -
Nikola One electric truck to come with hydrogen fuel cell range-extenderAmerican electric truck startup Nikola made headlines in June when it announced it had received as many as 7,000 pre-orders for an extended-range electric semi truck claimed to have 2,000 horsepower on tap and a 1,200-mile range. Nikola originally said the truck’s range-extender would be a...
Viknesh Vijayenthiran -
2,000-hp Nikola One electric truck racks up thousands of pre-ordersTesla Motors [NSDQ:TSLA] is no longer the only company out there named after inventor Nikola Tesla. But Nikola (pronounced Neek-oh-la) Motors has a very different product line in mind. The Nikola One is a 2,000-horsepower electric semi truck that uses a natural gas turbine as an onboard generator...
Stephen Edelstein