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…
Equipment Spotlight shines on hydrogen-electric trucks at Nikola World April 17, 2019 Glitzy event highlights electric truck manufacturing start-up’s progress
Equipment Nikola to open world’s most advanced fuel cell lab March 29, 2019 PHOENIX, Ariz. – Nikola says it will announce a world class fuel cell lab at its upcoming Nikola World truck debut. The company signed a US$16-million order to purchase equipment…
Equipment Nikola acquires 400 acres for truck manufacturing plant March 22, 2019 PHOENIX, Ariz. – Nikola Motor Company says it has acquired 400 acres of property in Arizona, where it will manufacture its Class 8 hydrogen-electric trucks. “When we set out to…
Equipment Nikola claims US$12 billion in hydrogen truck pre-orders November 15, 2018 PHOENIX, Ariz. – Hydrogen truck maker Nikola says it has raised another US$210 million and now boasts US$12 billion in pre-orders. About $380 million of those were for the recently…
Equipment Anheuser-Busch orders Nikola trucks May 3, 2018 Plans to go all-in on renewable powered trucks by 2025
