Tag: Nikola Motor

Apr 1, 2022 - 09:22 pm

Nikola Motors partners with ENGS Finance

In the USA, Nikola has signed an agreement with ENGS Commercial Finance to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel-cell electric vehicles (FCEVs).

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Mar 21, 2022 - 05:34 pm

Nikola looks to sell more shares

The zero-emission truck-maker Nikola apparently wants to issue 200 million ordinary shares to raise 1.5 billion dollars. Among other things, the money is to be used to implement the second phase of the plant in Coolidge, Arizona.

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Feb 22, 2022 - 04:32 pm

Michael Lohscheller joins Nikola Motor

The German top manager Michael Lohscheller has joined Nikola Motor. The US manufacturer of battery and fuel cell trucks has appointed Lohscheller as president of the company. The former Opel CEO and short-term head of Vietnamese automotive start-up VinFast will report to CEO Mark Russell as president of Nikola.

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Jan 12, 2022 - 02:43 pm

Covenant Logistics goes for 50 Nikola-Tre trucks

The Covenant Logistics Group, based in Chattanooga in the US state of Tennessee, wants to procure ten battery-electric examples as well as 40 vehicles of the fuel cell variant of the Nikola Tre truck model. So far, this is a letter of intent subject to successful test deployment.

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Dec 20, 2021 - 02:44 pm

First Nikola Tre trucks arrive at the Port of L.A.

Nikola has delivered the first units of its Nikola Tre battery-electric truck in the USA. The vehicles went to logistics provider Total Transportation Services (TSSI), which serves the California Port of Los Angeles and Long Beach.

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Oct 15, 2021 - 02:14 pm

Nikola signs LoI to supply 100 FCEV trucks to PGT

Nikola Motor has announced a collaboration with international multi-service flatbed transportation company PGT Trucking to advance electric drive heavy-duty transport. This collaboration includes a Letter of Intent to lease 100 Nikola Tre.

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Oct 10, 2021 - 05:29 pm

Nikola making plans for hydrogen fueling infrastructure

Nikola Motor is forging partnerships to develop and install hydrogen fueling infrastructure in North America. The aspiring manufacturer of fuel cell trucks has signed a Memorandum of Understanding with OPAL Fuels. Nikola also announced a strategic collaboration with TC Energy aiming to install ‘Hydrogen Hubs’.

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Sep 15, 2021 - 04:06 pm

Iveco & Nikola getting closer to truck plant in Germany

Nikola & Iveco gear up for truck production in Germany at the Iveco plant in Ulm as planned. The factory has now been officially presented with the production of the Nikola Tre to begin there this year. The pilot customer in Europe is the Port of Hamburg that will work up to 25 trucks next […]

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Sep 2, 2021 - 04:43 pm

Nikola is sourcing fuel cells from Bosch

The electric truck manufacturer Nikola has reached a strategic agreement with Bosch for the production of fuel cells. Among other things, Bosch will supply Nikola with key components that will then be assembled into power modules at the truck maker’s US plant.

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Aug 6, 2021 - 10:50 am

When short-sellers shorten sales

Nikola is cutting its delivery target for this year in half to 25 – 50 vehicles from an original estimate of 50 – 100. In a conference call with analysts, CEO Mark Russell said the company was facing “numerous” delays related to parts procurement.

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Jul 19, 2021 - 11:47 am

Nikola announces sales partnerships across the USA

The US battery and fuel cell truck developer Nikola has significantly expanded its sales and service in the US. The cooperation with five new independent dealers adds 51 new locations in Texas, Arizona, California, Colorado, New Mexico, Florida, Delaware, Virginia and Maryland.

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Dec 29, 2020 - 12:54 pm

Nikola Motor garbage truck order cancelled

Nikola Motor has lost its major order for electric garbage trucks. The order for a minimum of 2,500 battery-electric refuse trucks was cancelled by the American waste management company Republic Services.

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Dec 8, 2020 - 12:58 pm

Bosch reduces investment in Nikola Motor

Following the example of General Motors, Bosch is now also taking a step back from Nikola, the US start-up company specialising in fuel cell and battery trucks. The German automotive supplier has reduced its stake in Nikola.

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Dec 1, 2020 - 03:54 pm

General Motors open for far smaller deal with Nikola

The comprehensive strategic eMobility partnership between General Motors and Nikola announced at the beginning of September has now been replaced by a non-binding letter of intent with a greatly reduced scope. Financial participation of GM in the startup is off the table, the e-pickup Badger has been dropped.

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Sep 30, 2020 - 01:45 pm

Electric truck deal between GM & Nikola still open

The strategic e-mobility and manufacturing partnership between General Motors and Nikola still awaits finalisation. The deal for electric trucks was supposed to be signed and sealed tomorrow, but according to GM, this is not yet the case.

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Sep 14, 2020 - 12:44 pm

Short-seller Hindenburg tries taking down Nikola

Hindenburg Research raises serious fraud accusations against the prospective electric truck manufacturer Nikola. However, the “research” is anything but neutral, as the company itself has sold Nikola shares short and is thus profiting from any price losses resulting from the paper.

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Sep 8, 2020 - 04:19 pm

GM to manufacture for Nikola Motor in the US

General Motors and Nikola have agreed on a strategic partnership, which sees GM taking an eleven per cent stake in the US startup. With this agreement, GM will become Nikola’s US manufacturing partner starting with the much anticipated zero-emission pickup Badger.

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Found on electrive.com
https://www.electrive.com/2022/04/01/nikola-motors-partners-with-engs-finance/
01.04.2022 21:27