Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. The sentence, by Judge Edgardo Ramos in the U.S
EV truck maker Nikola Corp. said Friday that president/CEO Michael Lohscheller is leaving the top executive positions due to a family health issue. He will be replaced by board chairman Steve Girsky,
After three attempts and a change in Delaware law, EV truck maker Nikola was able to get enough shareholders to vote on a proposal that will allow it to issue more shares. Nikola said Thursday it rece
The Ford F-150 Lightning is now a bit less expensive. The automaker announced today significant price cuts to its electric pickup, citing improved manufacturing efficiencies as the cause of the lower
Tesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck c
Nikola failed for the second time since June to get enough shareholders to vote on a proposal that would allow the EV truck maker to issue more shares in a bid to raise more capital. The company said
Nikola failed to get enough investors to vote on a proposal that would allow the beleaguered electric truck company to issue more shares — and, in turn, raise more capital. Nikola adjourned its annu
Self-driving trucking company Kodiak Robotics plans to introduce an electric autonomous Class 8 truck to its fleet in 2024. The news comes as California, one of the states Kodiak hopes to do business
RAM used some of its 2023 Super Bowl ad time to show off some goodies built into the upcoming electric RAM pickup. The RAM 1500 REV, as it’s called, is Stellantis’ first entry into the gro
Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $1
Trevor Milton, the founder and former CEO of electric truck maker Nikola, is standing trial on federal charges of fraud.
Bosch said Wednesday it will invest more than $200 million into its South Carolina factory to build fuel cell stacks that will power hydrogen-powered electric commercial trucks in the United States. T
Electric truck maker Nikola announced Wednesday that President Michael Lohscheller will become CEO on January 1. Lohscheller, who will replace CEO Mark Russell upon his retirement, has joined the Niko
Tesla CEO Elon Musk confirmed Wednesday that the automaker aims to launch its long-awaited Cybertruck mid-2023. “We are still expecting to be in production with the Cybertruck in middle of next year
Volkswagen Group of America CEO Scott Keogh is stepping down to helm the automaker’s Scout brand for battery-electric pickup trucks and SUVs. Keogh, who has served as president and chief executive o
Rivian surprised many of its preorder customers on March 1 with the announcement of a significant price increase for its R1T pickup truck and R1S SUV. On Thursday, the company issued a press release a
General Motors sold its stake in Lordstown Motors, an electric vehicle startup that has struggled to get its first vehicle, the electric pickup truck Endurance, to production, reports the Detroit Free
Nikola Corp., the electric truck startup that went public via a SPAC, is coming closer to commercial activity after a history of over-promising, missed deadlines and investigations into its founder fo
General Motors said it has secured more than 110,000 reservations for its new all-electric Chevrolet Silverado, which includes reservations from more than 240 fleet operators, Chair and CEO Mary Barra
Ford said Tuesday it will nearly double production capacity of its upcoming electric F-150 Lightning pickup truck to 150,000 vehicles a year by mid-2023 in response to customer demand. The F-150 Light
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