Thompson, Heniff Reach Nikola BEV Agreement
Thompson Truck Centers announced that Heniff Transportation Systems reached an agreement to acquire 10 Nikola Tre BEV trucks.
December 29, 2021Nikola to Pay $125 Million SEC Penalty Over Milton Comments
Nikola Corp. will pay a $125 million penalty to the U.S. Securities and Exchange Commission over allegedly misleading statements its founder and former CEO made to investors about the electric vehicle startup.
Trevor Milton Seeks to Dismiss Indictment
Nikola Corp. founder Trevor Milton asked a federal judge to throw out an indictment accusing him of misleading investors about the electric vehicle maker’s financial prospects.
Milton Has Sold $284 Million of Nikola Stock Since Fraud Charges
Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.
Nikola Founder Trevor Milton Must Face Criminal Case
Nikola Corp. founder Trevor Milton must face the criminal case against him in New York, after a federal judge denied his request to dismiss the indictment or change the venue.
Nikola Expects $125 Million Penalty From SEC
Hydrogen-electric fuel truck manufacturer Nikola Corp. said it took a $125 million charge in the third quarter as it expects to use that money as part of a possible negotiated settlement with the U.S. Securities and Exchange Commission concerning allegations the company’s founder, Trevor Milton, defrauded investors.
Nikola, PGT Trucking Collaborate on FCEVs
Nikola Corp. announced a collaboration with PGT Trucking Inc. that includes a letter of intent from the flatbed carrier to lease 100 Nikola Tre heavy-duty fuel cell electric vehicles following the satisfactory completion of a Nikola Tre FCEV demonstration program.
October 15, 2021Nikola, Opal Fuels to Build Hydrogen Fueling Stations
Truck maker Nikola Corp. and Opal Fuels, a producer and distributor of renewable natural gas for heavy-duty truck fleets, announced their intent to co-develop and co-market hydrogen fueling infrastructure for trucking, beginning with on-site locations for private fleets.
Nikola Awarded DOE Grant to Research Hydrogen Refueling
Nikola Corp. announced the U.S. Department of Energy awarded it a grant of $2 million to advance research into autonomous refueling technologies for future hydrogen fueling stations.
August 23, 2021Nikola Adds Alta Equipment Group to Dealer Network
Nikola Corp. announced it added Alta Equipment Group to its emerging dealer network for its heavy-duty battery-electric and hydrogen fuel cell trucks, which are under development.
August 10, 2021