Equipment Losses mount for Nikola May 7, 2021 Nikola posted a Q1 net loss of US$120.22 million but says it remains on pace to achieve certain milestones later this year, including starting of trial production in Ulm, Germany,…
Equipment Nikola, TA-Petro to build first two hydrogen fueling stations for heavy trucks April 22, 2021 Nikola has announced it will build the first two hydrogen fueling stations for heavy trucks at existing TA-Petro sites. The two parties say it’s the first step to explore the…
Equipment Refocused Nikola details plans for 2021 February 26, 2021 A more focused Nikola Corporation is moving forward with plans to bring the Tre cabover battery-electric truck to the North America, to be followed by fuel cell electric vehicles (FCEVs).
Equipment Nikola details plans for fuel cell electric truck rollouts February 23, 2021 Nikola has released details for its planned rollout of hydrogen fuel-cell electric vehicles (FCEV). It will first launch North American production of its Tre cabover battery-electric truck, followed by a…
Equipment GM drops Nikola investment, drafts new MoU November 30, 2020 PHOENIX, Ariz. – Nikola has entered into a non-binding Memorandum of Understanding with General Motors, replacing the previous transaction announced Sept. 8. Under the agreement, GM’s Hydrotec fuel cell system…
Equipment Trevor Milton steps down as Nikola chairman September 21, 2020 PHOENIX, Ariz. — Nikola founder Trevor Milton has voluntarily stepped down as executive chairman and member of its board of directors, the company announced early Monday. Nikola shares plunged nearly…
Equipment GM to supply Nikola with fuel cells, takes 11% ownership stake September 8, 2020 DETROIT, Mich. – General Motors has taken an 11% ownership stake in Nikola, after inking a strategic partnership to engineer and manufacture the Nikola Badger pickup truck. Nikola says the…
Business Management Nikola founder rewards early employees August 27, 2020 PHOENIX, Ariz. – Nikola founder and executive chairman Trevor Milton is giving early employees who took a chance on the company more than six million shares from his personal holdings.
Equipment Nikola receives order for 2,500 battery-electric waste trucks August 10, 2020 PHOENIX, Ariz. – Nikola has received an order for 2,500 battery-electric refuse trucks, representing what it claims is the largest ever single order for electric waste trucks. Republic Services placed…
Equipment Nikola posts US$86.6 million loss, but makes progress towards production August 5, 2020 PHOENIX, Ariz. – Hydrogen fuel cell truck maker Nikola posted a US$86.6 million loss in its first quarter as a publicly traded company, but is on schedule for commercial production…
Transportation Nikola ready for Nasdaq debut June 3, 2020 PHOENIX, Ariz. — Nikola Corp. said Wednesday it has completed its previously announced merger with VectoIQ Acquisition Corp., following approval by VectoIQ stockholders. The combined company’s shares will…
Equipment Nikola, Ryder terminate exclusive partnership June 1, 2020 PHOENIX, Az. – Nikola and Ryder System have terminated an agreement that was to see Ryder exclusively support Nikola’s hydrogen electric semi trucks. “Ryder has been incredible to work with…
Sustainability Nikola to go public by merging with VectoIQ March 3, 2020 PHOENIX, Ariz. — Nikola, a developer of electric trucks, is merging with VectoIQ Acquisition and will be listed on the Nasdaq stock exchange under the ticker symbol NKLA.
Sustainability Nikola develops new battery technology November 19, 2019 PHOENIX, Ariz. – Nikola says it has developed the first battery to remove binder material and current collectors, reducing costs by 50% and doubling range when compared to lithium-ion. It…
Equipment Nikola names strategic investors September 5, 2019 PHOENIX, Ariz. – Nikola Corporation has revealed Bosch and Hanwha as strategic investors who have collectively invested more than US$230 million into the company. Both companies have invested at least…
