Nikola

Business, Technology, Equipment, Fuel, Autonomous

Nikola Sets Truck Production Schedule, Envisions Autonomous Model

Nikola The Nikola Tre. (Nikola Corp.)

Zero-emission truck maker Nikola Corp., which recently jumped to a publicly traded company from its startup perch, has begun building prototypes of its heavy-duty battery-electric model in Germany and is set for groundbreaking on a plant in the United States this summer.

Roger Gilroy | Senior Reporter
June 17, 2020
Business, Technology, Fuel

Nikola’s Trevor Milton Has $7.4 Billion Fortune on Free Truck Orders

The Nikola Two hydrogen-powered Class 8 tractor. The Nikola Two hydrogen-powered Class 8 tractor. (Nikola)

The executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014 with the goal of revolutionizing the trucking industry.

June 12, 2020
Business, Technology, Fuel

Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out

Signage is displayed outside the Nasdaq Market Site in the Times Square area of New York on May 12. Signage is displayed outside the Nasdaq Market Site in the Times Square area of New York on May 12. (Demetrius Freeman/Bloomberg News)

Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.

Ed Ludlow and Craig Trudell | Bloomberg News
June 9, 2020
Business, Technology, Fuel

Nikola Stock Surges 104% on Third Day of Trading

Trevor Milton, chairman and founder of Nikola Motor Co. Trevor Milton, chairman and founder of Nikola. (Nikola Motor Co.)

Shares of Nikola Motor Co. surged 104% to a record in its third day of trading on the Nasdaq after a merger with VectoIQ Acquisition Corp.

June 8, 2020
Business, Technology, Equipment, Fuel

Nikola Goes Public; Class 8 Battery-Electric Vehicle Due in 2021

Nikola Tre The Nikola Tre, which will go into production in Europe, its initial market, in late 2021. Some of the finished trucks will be funneled to the U.S., too. (Nikola Motor Co. via YouTube)

VectoIQ Acquisition Corp.’s stockholders on June 2 voted in favor of the previously announced business combination with Nikola Corp., a startup manufacturer of zero-emission heavy-duty trucks.

Roger Gilroy | Senior Reporter
June 3, 2020
Business, Technology, Fuel, Autonomous

Nikola Plans Merger With Publicly Traded VectoIQ Acquisition Corp.

Nikola Tre Nikola Motor Co.

Nikola Corp. announced plans to merge with VectoIQ Acquisition Corp., a publicly traded special-purpose acquisition company, to speed up Nikola’s production of zero-emissions commercial vehicles.

Roger Gilroy | Senior Reporter
March 3, 2020
Business, Technology, Fuel

Nikola’s Badger Pickup Truck Touts 600-Mile Range

Nikola The Nikola Badger. (Nikola Corp.)

Nikola Corp. announced a plan to build an electric pickup truck called the Nikola Badger with a maximum range of 600 miles at a yet-unnamed truck maker’s manufacturing facilities and with the other truck maker’s certified parts.

Roger Gilroy | Senior Reporter
February 18, 2020
Business, Technology, Fuel, Autonomous

Battery-Electric Nikola Tre to Be Made at Iveco Plant in Germany

Nikola Tre Nikola Motor Co.

Nikola Corp. and joint venture partners Iveco and FPT Industrial announced they will manufacture the battery-electric Nikola Tre model at Iveco’s plant in Ulm, Germany, beginning in 2021, after the facility undergoes a $43.9 million upgrade.

February 7, 2020
Business, Technology, Equipment, Fuel

Nikola Battery-Electric Truck Slated for Europe in 2021

Nikola TRE hydrogen fuel cell truck Nikola debuted the TRE hydrogen fuel cell truck for the European market April 16, 2019. (Nikola Motor Co./YouTube)

Nikola Corp., Iveco and FPT Industrial announced they have begun development of their joint venture’s first truck: the battery-electric Nikola TRE.

Roger Gilroy | Senior Reporter
December 3, 2019
Business, Technology, Equipment, Fuel

Anheuser-Busch, Nikola, BYD Complete First Zero-Emission Beer Run

A BYD delivery truck arrives at Enterprise Center in St. Louis. A BYD electric delivery truck arrives at Enterprise Center in St. Louis with a load of beer for hockey fans. (Anheuser-Busch)

Anheuser-Busch announced it completed on Nov. 21 its first zero-emission beer delivery in the company’s hometown of St. Louis using only zero-emission trucks from Nikola Motor Co. and BYD Motors.

Roger Gilroy | Senior Reporter
November 21, 2019

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