Sep 3, 2019 - 03:30 pm
Iveco owner CNH invests in Nikola
CNH Industrial joins Nikola, the US startup specialising in fuel cell and battery-electric trucks, with 250 million dollars. The investment is part of a new round of financing in which Nikola intends to generate more than a billion dollars in capital.
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Sep 14, 2018 - 06:13 pm
Design patents attest Tesla Semi is unique
After Nikola Motor had issued a patent infringement claim against Tesla for “substantial” design inspiration, which they came from the Nikola One, Tesla has now received official design patents for the Semi.
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Aug 9, 2018 - 01:49 pm
Nikola Motor raises $100M for fuel cell trucks in a week
Nikola Motor says they raised over 100 million dollars in just one week. The current round of funding for $200 million is ongoing and will be oversubscribed, says CEO Trevor Milton, if the trend continues. The money is to help Nikola launch and scale its two fuel cell trucks in 2020.
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May 2, 2018 - 12:12 pm
Nikola Motor sues Tesla over design patent violation
Nikola Motor has filed a lawsuit against Tesla, claiming the Semi electric truck to be “substantially” similar to Nikola Motor’s fuel cell electric semi-truck design. In the filing, the infringement is estimated to be worth a loss of two billion dollars to Nikola. Tesla denies the allegations.
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Apr 8, 2018 - 06:21 pm
Nikola Motor to refund prepayments for reserved trucks
US startup Nikola Motor has announced they will refund all deposits for the pre-orders of their electrified trucks within the next 60 days, without the pre-order applicants losing their place in the production line. It is a show of strength.
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Jan 31, 2018 - 11:55 am
Nikola plans $1bn plant to make fuel cell trucks in Arizona
Nikola Motor announced plans to set up shop in Arizona to make its H2 semi truck. A new factory will be build close to Phoenix from 2019 with production to start 2 years later. The start-up earmarked 1 billion dollars and says it will create 2,000 jobs.
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