Nikola Inks Hydrogen Fuel Supply Deal for FCEV Trucks
Nikola Corp. has reached a deal to buy hydrogen from BayoTech to fuel the truck manufacturer’s Class 8 Tre fuel cell electric vehicles, it said.
Nikola’s Wild Week Erases 2023 Losses
Nikola Corp. has finally reignited some of the fervor of its once die-hard day-trading fans as it has reversed the stock’s 2023 decline.
Nikola’s Latest Bid to Secure Funds to Advance FCEV Fails
Nikola’s latest bid to issue more shares and secure the funds needed to advance its Class 8 hydrogen fuel cell truck ambitions failed, it said July 6.
Q2 Deliveries Reflect Surge in Momentum, Nikola Says
Nikola Corp. delivered 45 battery-electric trucks wholesale and 66 trucks retail in the second quarter, the company announced July 5.
EV Startups Confronting Setbacks
Truck manufacturer Nikola Corp. and delivery-van maker Arrival added to a series of misfortunes for electric vehicle startups struggling to make it to mass production.
Nikola Suspects ‘Foul Play’ in Fire at Phoenix Headquarters
Nikola Corp. suspects “foul play” after an early-morning fire broke out at its Phoenix headquarters that affected several of its electric big rigs.
Nikola Cuts 270 Jobs to Slash Costs
Nikola Corp. will cut 270 jobs, including 120 in the United States, as the beleaguered truck maker seeks to slash cash outflows, the Phoenix-based company said.
Nikola Short Sellers Take a Hit on EV Maker’s Recent Rally
Nikola Corp. shares have nearly doubled this week in a rally that’s eating into paper profits for traders betting against the EV maker and setting them up for a short squeeze.
Nikola Needs New Leadership, Says Trevor Milton
Nikola Corp. founder Trevor Milton called for leadership change at the electric truck maker and urged shareholders to vote against upcoming company-backed proposals.
Nikola Adjourns Annual Meeting, Seeks More Votes on Shares
Nikola’s bid to issue more shares and obtain enough funding needed for its Class 8 hydrogen fuel cell truck ambitions is on hold for another month, it said June 7.