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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Nikola has started series production of its Tre battery-electric truck at its Coolidge plant in Arizona. The first deliveries are scheduled for the second quarter of 2022.
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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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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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Nikola and Corcentric Fleet Funding Solutions, have signed an agreement to facilitate sales of Class 8 Nikola Tre BEVs and FCEVs. Corcentric will purchase vehicles and related assets directly from Nikola to offer Nikola customers a bundled lease.
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Nikola has signed a multi-year contract with Proterra for batteries. Nikola Tre BEV and FCEV trucks will forthwith house Proterra battery systems.
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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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The US logistics company, Heniff Transportation Systems, plans to procure 100 Nikola Tre battery-electric trucks from Nikola. Deliveries of the first ten examples are to begin in the first half of this year.
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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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Florida-based beverage wholesaler Tri-Eagle Sales has agreed to lease ten Nikola Tre battery-electric trucks. The first deliveries are scheduled for 2022. Ring Power Corporation, a member of Nikola’s sales and service dealer network, is acting as broker.
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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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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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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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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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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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The New York Attorney General’s Office has now filed charges against Trevor Milton, the Nikola founder who resigned in September 2020 after allegations of fraud. He is accused of misleading investors.
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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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Nikola Motor announced a new major order to potentially deliver a total of 100 BEV and FCEV trucks to Total Transportation Services. At least, a corresponding letter of intent has now been signed with the logistics company.
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Nikola, the US developer of battery and fuel cell trucks and the European trucking specialist Iveco, have signed a memorandum of understanding with the transmission system operator OGE (Open Grid Europe).
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The US start-up Nikola specialising in fuel cell and battery trucks is losing Jesse Schneider, the previous head of its fuel cell development. Schneider is founding his own company.
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The South Korean Hanwha Group appears to be following Bosch’s example as it wants to reduce – but not end – its stake in the US startup Nikola Motors that specialises in fuel cell and battery trucks.
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Nikola has now announced the details of its fuel cell truck plans in North America. Following the launch of North American production of the battery-electric Tre, Nikola plans to introduce two FCEV trucks.
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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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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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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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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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Trevor Milton, founder and Chairman of the Board of Nikola Motors, has resigned with immediate effect. Nikola has recently faced allegations of fraud.
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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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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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Nikola Motor has received an order from Republic Services, the second-largest waste disposal company in the USA, for at least 2,500 battery-powered refuse collection vehicles, with an option for 2,500 more.
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