Nikola continues to work its fuel cell electric truck reservation book, converting flatbed hauler PGT Trucking to a letter of intent.
An understanding between European truck maker IVECO and self-driving software maker Plus includes liquified natural gas but not electric trucks.
Nikola has less need for partners for its hydrogen fueling stations now that it has a sweet price for electricity in Arizona.
In the latest blow to already beleaguered Nikola Corp., Republic Services canceled an order for 2,500 battery-electric refuse trucks. It further calls into question how Nikola will generate revenue.
Nikola Corp. founder Trevor Milton can sell his 92 million shares on Monday, creating a glut of stock that could drive the already volatile share price lower.
The vote to complete a reverse merger for commercial electric pickup startup Lordstown Motors is set for Oct. 22 amid greater than run-of-the-mill business risks.
Nikola Corp. filled VectoIQ’s $230 million public shell company after former Wall Street analyst and General Motors executive Steve Girsky shopped more than 100 smart transportation companies and signed 75 nondisclosure agreements and six letters of intent.
The partnership between IVECO and Nikola Motors announced in September will roll out its first battery electric truck to European buyers in 2021. A fuel cell electric model will follow in 2023.
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