Nikola Motor

Electric truck maker Nikola at risk of being delisted from Nasdaq

Nikola, the beleaguered electric truck developer, is at risk of being delisted from Nasdaq, the company disclosed Thursday in a regulatory filing. Nikola said that on May 24 it received a delisting no

Nikola taps its president for CEO post

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

Nikola and Bosch ink deal for hydrogen fuel cell modules

Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-truc

Nikola’s stock crashes after announcing cancelation of contract with Republic Services for 2,500 garbage trucks

The undoing of Nikola continues. Today, the company announced the termination of its contract with Republic Services for 2,500 garbage trucks. Announced back in August, the deal had Nikola building ga

SEC to investigate short-seller’s claims against Nikola, report says

The U.S. Securities and Exchange Commission is reportedly looking into claims that Nikola Corp. is involved in an alleged “intricate fraud,” the latest development in a controversy that er

Nikola disputes fraud claims in carefully worded rebuttal

Nikola Corp., the hydrogen electric vehicle startup that went public this year through a merger with a special purpose acquisition company, released Monday a point-by-point rebuttal that attempts to d

Lordstown Motors becomes latest EV automaker to use a SPAC to go public

Lordstown Motors, the one-year-old Ohio electric automaker that revealed a pickup truck prototype in June, has reached a deal to merge with special-purpose acquisition company DiamondPeak Holdings Cor

The Station: Spin heads to Europe, Just Eat Takeaway gobbles up Grubhub and a drive in a Bentley Flying Spur

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi friends and first-time readers. W

Forget the casino, bankrupt Hertz can now sell up to $1 billion in stock

Hertz, the rental car company that is going through Chapter 11 bankruptcy proceedings, can now sell up to $1 billion in stock as it seeks to tap into one of the hottest tickets in town: traders with a

Nikola Motor to open pre-orders for fuel cell pickup truck to compete with Ford, Tesla

Nikola Motor Company, the Arizona startup that made its debut as a publicly traded company June 4, will open reservations later this month for a hydrogen fuel cell electric pickup truck that was desig

Locked in a Tesla patent suit, Nikola nabs $210M at $1.1B valuation for hydrogen trucks

Nikola, the hydrogen trucking startup currently suing Tesla for patent infringement (those are the actual names, sorry spirit of real Nikola Tesla), today announced that it has raised $210 million in

Nikola Motor unveils a new hydrogen semi truck designed for Europe

Nikola Motor has started taking reservations for Tre, the startup’s first hydrogen-electric truck built for the European market. Nikola Motor, which less than a year ago announced plans to buil