The Nikola Tre battery electric Class 8 truck. The Phoenix-based company's stock prices soon began to plunge as doubts emerged about the viability of its technology. (Rob Nikolewski / San Diego ...
But a series of scandals surrounding its founder and former CEO Trevor Milton put the company into free fall ... s Class 8 hydrogen fuel cell electric trucks and battery electric truck platforms.
Along with a likely curtailment of federal subsidies for emissions-free trucks, Nikola has faced an array of other challenges. The company's cash assets have dwindled from $465 million as recently ...
Nikola, Arizona maker of emissions-free heavy trucks, files for bankruptcy Phoenix Union partnering with Junior Achievement on new business-focused curriculum Fed official: Banking system ...
The firm will continue some operations for trucks in field and some hydrogen-fueling operations through the end of March. The company listed assets of between $500 million and $1 billion ...
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Nikola, an electric vehicle start-up that received federal funding during the Biden administration, said it filed for Chapter 11 bankruptcy Wednesday and will pursue a sale of most or all of its ...
The state will no longer require some truckers to shift away from diesel semis but hopes that subsidies can keep dreams of pollution-free big rigs ... of diesel-fueled trucks with battery-powered ...