Tag: Nikola Motor

May 26, 2023 - 11:39 am

Nikola threatened with stock market delisting

The American electric truck manufacturer Nikola Motor is threatened with exclusion from the US stock exchange Nasdaq. Because the share price was below one US dollar per share for 30 consecutive days, Nikola no longer complies with Nasdaq regulations.

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May 11, 2023 - 11:31 am

Nikola to focus on fuel-cell truck production

Nikola will interrupt its truck production in Coolidge (Arizona) to convert the assembly line so that both fuel cell and battery electric vehicles can be produced on the same line in the future. After that, the focus will increasingly shift to fuel cells.

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May 9, 2023 - 12:11 pm

Iveco to assume ownership of European truck JV with Nikola

Iveco Group has announced plans to acquire Nikola’s electric truck joint venture in Europe, established in 2019. The deal will cost Iveco $35 million and will effectively buy out Nikola from the European markets. Nikola says it will focus on its US activities.

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Apr 26, 2023 - 02:11 pm

Nikola recalls BEV trucks in the USA

Nikola recalls all of its battery-electric trucks manufactured since November 2021 in the US, 364 units in total. Due to a problem with a supplier’s electronic parking brake, there is a risk of the vehicles rolling away unintentionally. Dealers will replace the faulty part.

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Feb 23, 2023 - 01:51 pm

Richter Group orders 20 fuel cell trucks from Nikola

Nikola and E.ON have signed a cooperation agreement with logistics provider Richter Group to decarbonise its heavy-duty truck fleet in Germany. As a first step, the logistics provider has ordered 20 Nikola Tre hydrogen-powered trucks.

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Feb 10, 2023 - 04:21 pm

Nikola eligible for CARB voucher programme

Nikola has received approval from the California Air Resources Board (CARB) for its Tre FCEV truck to be eligible for the Board’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) programme.

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Jan 26, 2023 - 02:47 pm

Nikola Motor founds hydrogen energy brand HYLA

HYLA is Nikola Motor’s new brand for the company’s energy products and is charged with producing, distributing and dispensing hydrogen to fuel its zero-emissions trucks. Five sites in the US have been designated to develop access to up to 300 metric tons per day of hydrogen.

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Jan 23, 2023 - 04:46 pm

GP Joule to acquire 100 FC Nikola Tre trucks

GP Joule plans to procure 100 Nikola Tre trucks powered by hydrogen fuel cells. This is provided for in a letter of intent signed by both companies. The first vehicles could go to GP Joule in 2024 – provided the German government approves the corresponding funding.

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Jan 17, 2023 - 01:22 pm

Nikola to move Romeo battery production to Arizona

After acquiring battery maker Romeo Power last year, Nikola Motor is now relocating its battery production from Cypress, California, to Nikola’s own plant in Coolidge in the state of Arizona. The move is expected to be completed by mid-2023.

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Dec 18, 2022 - 09:17 pm

Plug Power to use 75 Nikola Tre FCEV for H² logistics

The US fuel cell specialist Plug Power announces that it will buy 75 units of the Nikola Tre FCEV H2 truck within three years and supply customers in North America with green hydrogen using these hydrogen trucks. The first vehicles are to be handed over as early as 2023.

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Nov 3, 2022 - 02:58 pm

Zeem Solutions orders 100 Nikola Tre electric trucks

In the USA, Nikola has received an order for 100 heavy-duty electric trucks. The order for 100 Nikola Tre BEVs comes from fleet management provider Zeem Solutions, which offers logistics companies a complete package of electric vehicles, charging solutions and other services at a flat rate.

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Oct 19, 2022 - 10:53 am

FTP Industrial opens new electric drive plant

FPT Industrial, the powertrain brand of Iveco parent Iveco, has opened a new electric drive factory in Turin, Italy. At full capacity, it will employ about 200 people to produce more than 20,000 electric axles and battery packs per year.

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Sep 29, 2022 - 11:50 am

Recall issued for the Nikola Tre in the USA

Nikola has to recall all 93 Nikola Tre battery-electric trucks built to date in the US because improper installation of the seat belt shoulder anchors could reduce protection in a crash. Nikola imports the cabs from Italy, where they are built by manufacturing partner Iveco.

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Sep 19, 2022 - 05:01 pm

Nikola Motor & E.ON team up on H2 refuelling in Europe

E.ON and Nikola want to jointly drive the decarbonisation of heavy-duty transport with hydrogen refuelling infrastructure. The collaboration plans to establish a hydrogen supply and related infrastructure that caters to the needs of fuel cell truck operators.

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Sep 17, 2022 - 03:26 pm

Nikola & Iveco start testing e-trucks in the Port of Hamburg

In Germany, in the Port of Hamburg, a demonstration phase has begun with the first three Nikola BEV tractor units in Europe. In the second phase of the project, the full integration of the BEV vehicles into port operations and the installation of the charging infrastructure will take place in 2023.

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Sep 1, 2022 - 02:50 pm

Bosch will produce fuel cell stacks in the US

Bosch announces its first fuel cell stack production in the United States, bolstered with over $200 million investment. The new lines will go live at the supplier’s Anderson factory, South Carolina, and Bosch expects the stacks to power Class 8 hydrogen trucks from 2026.

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Aug 5, 2022 - 12:27 pm

Nikola delivered 48 electric trucks over Q2

The American electric truck builder Nikola Motor built 50 units of the Tre BEV truck in the second quarter and delivered 48 of them to its dealers. The production rate is to be increased significantly by the end of the year.

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Aug 2, 2022 - 01:13 pm

Nikola acquires Romeo Power, takes batteries in-house

Electric truck maker Nikola has agreed to acquire Romeo Power, thus taking battery development and manufacturing in-house. The agreement is definitive. Romeo specialises in batteries for commercial EVs, and their Cypress factory will become Nikola’s Battery Center of Excellence.

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Jun 13, 2022 - 01:54 pm

Nikola Tre green lit for incentives across New York State

Nikola Motor announced that its Tre battery-electric truck has been deemed eligible for the New York Truck Voucher Incentive Program. The NYTVIP provides impressive financing to those who purchase or lease medium- and heavy-duty battery electric vehicles.

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Jun 9, 2022 - 04:12 pm

Walmart trials Freightliner eCascadia and Nikola Tre trucks

US retail giant Walmart this week said it was expanding zero-emission logistics pilots adding Nikola and Daimler Truck’s Freightliner as manufacturers. The heavy-duty electric trucks are part of Walmart’s ongoing efforts to completely decarbonise its global operations by 2040.

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Found on electrive.com
https://www.electrive.com/2023/05/26/nikola-threatened-with-stock-market-delisting/
26.05.2023 11:47