Founded in 2014, the electric truck manufacturer Nikola Motor has been in financial trouble for some time now and recently faced losses of around 200 million dollars

Lucid, known for its luxury electric saloon called Lucid Air, emerged as the surprising winner of the auction – it had not previously been rumoured that the

At the end of 2023, a court sentenced Milton to four years in prison over fraud. Following the sentencing, he initially remained at large until his appeal

The electric truck manufacturer Nikola, founded in 2014, is running out of money. Today, 19 February, Nikola Corporation and nine subsidiaries filed for bankruptcy protection at the

Mullen had already acquired the first production facilities of battery manufacturer Romeo Power, which was purchased by Nikola in 2022, in September 2023, and has now taken

This was reported by Bloomberg, citing insiders saying that Nikola’s liquidity problems were the reason. In addition to selling (or partially selling), the company could also bring

Nikola wrote to the US Securities and Exchange Commission (SEC): “We currently estimate that our existing financial resources are only adequate to fund our forecasted operating costs

The bottom line is 199.78 million dollars in losses in the third quarter of 2024. That is actually less than half of what it was in Q3/2023

Despite being the only manufacturer to put fuel cell trucks on the road last quarter, the financial situation around Nikola Motor seems to be quite dire. This

The freight forwarder already ordered 13 zero-emission trucks from Nikola in 2023, including three FCEVs and ten BEVs. Then and now, the infrastructure for fuelling the hydrogen trucks

The bottom line is a net loss of 133.7 million dollars (121.5 million euros) in the second quarter. For the first half of the year, Nikola reported

The US American fuel cell truck manufacturer’s customers included major companies such as Walmart Canada or the logistics company IMC or Ai Logistics, which ordered a full

Walmart and Nikola officials took the wraps off the Class 8 electric truck at Walmart’s fully automated distribution centre north of Toronto. It also already made its

According to AiLO, a major drayage carrier in LA and Long Beach, the FCEVs will not replace older trucks, but will be an addition to the fleet

The delivery numbers are particularly notable, as they are higher in the first quarter than the number that Nikola Motor delivered over the whole year of 2023.

IMC Logistics describes itself as the largest provider of sea freight transport in the US and says it has a large fleet of trucks and a dense

“We are thrilled to open the first HYLA hydrogen refuelling station in Southern Calif., marking a significant milestone for Nikola and offering convenient access for our customers,”

The fuel cell trucks are assembled in Coolidge, Arizona, where serial production started on July 31, 2023, with the commercial launch on September 28. Nikola had a

Nikola Motor is recalling all 209 battery-electric trucks delivered so far and has stopped the sale of its Nikola Tre BEV until further notice. The recall was

Nikola Motor is getting a new CEO and a new Chairman of the Board. Michael Lohscheller, who held both positions since the beginning of the year, is

So far, HYLA refuelling stations have been planned along Californian freight corridors. The company has not yet revealed where the new seven stations will be. HYLA only

The first heavy-duty truck is expected to be delivered this month. The vehicles will be used in the Los Angeles, California, metropolitan area and in and around

Nikola has increased wholesale and retail sales in the second quarter of 2023. The company said retail sales of its BEV trucks doubled to 66 compared to

Iveco presented its heavy electric truck on the sidelines of the Truck Grand Prix at the Nürburgring. The Iveco tractor unit, called Iveco Heavy Duty BEV, was

Nikola Motor and hydrogen specialist BayoTech are joining forces in the US. The companies agreed on a deal best described as give and take – BayoTech will

Bosch has just launched series production of its “fuel cell power module” at its plant in Stuttgart-Feuerbach, Germany. The US startup Nikola is the first customer with

Nikola Motor has announced it has received a grant awarded by the California Transportation Commission (CTC). 41.9 million dollars are supposed to help Nikola and its infrastructure

Iveco has now completed the acquisition of the Germany-based BEV and FCEV truck joint venture with Nikola, initially announced in May. Nikola Iveco Europe will be renamed