IVECO
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Business
Flood of new and cheap shares sink Nikola stock
Owners of low-priced warrants for new shares and pre-merger discount buyers registered to cash out of electric truck startup Nikola leading to an after hours…
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Energy
Electric truck story stocks drive market enthusiasm
Nikola experienced a V-shaped recovery in its share price as storytelling in place of revenue drives enthusiasm and disdain for publicly traded electric truck startups.
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Finance
Hyliion takes reverse merger path to public trading
Diesel-electric hybrid truck components maker Hyliion expects to be publicly traded around the end of the third quarter in a reverse merger like one that…
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News
Nikola sets Arizona plant groundbreaking for July 23
Nikola will break ground July 23 for an Arizona plant that will hire 2,000 workers to assemble battery-electric Class 8 trucks before moving on to…
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Finance
Fuel cell startup Nikola nears public trading debut (Update)
Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public,…
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Energy
Fuel cell Class 8 startup Nikola going public with $3.3 billion valuation
After shunning public ownership, fuel cell truck startup Nikola watched as the WeWork debacle made private fundraising harder. Its merger with VectoIQ brings in about…
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Equipment
Emission-free trucks will lower driver turnover rates, claims Nikola CEO
Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.
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Trucking
New partners Nikola Motor and IVECO target Europe with alternative propulsion truck
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…
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Equipment
Truck manufacturers lose first round in price-fixing battle
Tribunal rules $6 billion class action against manufacturers DAF, Daimler/Mercedes, Iveco, MAN and Volvo/Renault can proceed.
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Business
CNH Industrial takes $250 million lead in Nikola’s Series D round
Nikola Corp. expects to raise more than $1 billion in its Series D runding raising. That starts with London-based CNH Industrial that invested $250 million…
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