Nikola agrees to $83M SEC settlement
Nikola Corporation has agreed to a liquidation plan that includes an $83 million settlement with the U.S. Securities and Exchange Commission.
Nikola Corporation has agreed to a liquidation plan that includes an $83 million settlement with the U.S. Securities and Exchange Commission.
James Taylor will take his second run at leading a commercial electric truck company as the new CEO of Bollinger Motors.
The soap opera that is Nikola Corp. has been renewed for a new season with the company taking aim at convicted founder Trevor Milton.
Natural gas may be having a moment as an alternative fuel for trucking, but there are a few nagging questions.
A big fine for Lordstown Motors and SuperTruck news carry the week over Work Truck Week and technology and maintenance event.
Nikola is in no hurry to artificially boost its stock price to ward off its second Nasdaq delisting notice in eight months.
One-time autonomous trucking leader TuSimple took the next step in its pullout from the U.S. market by voluntarily delisting from the Nasdaq.
Nikola Corp. founder Trevor Milton outside federal court after being sentenced to four years in prison. (Photo: Matthew Lee/Inner City Press)
Nikola is offering 133.3 million new shares at 75 cents each and issuing $175 million in new debt to scale its fuel cell truck business.
TuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees.
Defense attorneys offered 50 pages of reasons why convicted Nikola founder Trevor Milton should not go to prison. There may be more to say.
Nikola Corp. founder Trevor Milton is seeking probation instead of prison on his federal fraud convictions.
Hyzon Motors is focused on launching its 200-kilowatt fuel cell for heavy trucks now that its legal problems are mostly resolved.
Ryder System Inc. is acquiring contract manufacturing and packing company Impact Fulfillment Services in a deal involving operations in 15 states.
Steve Burns cashed out more than $60 million in stock in Lordstown Motors. Now he is buying its assets out of bankruptcy for $10 million.
Hyzon Motors agreed to pay a $25 million fine to settle a Securities and Exchange Commission fraud case.
The timing in promoting its growing patent portfolio could suggest TuSimple is trying to find a buyer for its U.S. business.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Electric bus and battery maker Proterra Inc. won’t fight an Aug. 17 delisting from the Nasdaq as it works on a bankruptcy reorganization plan.
Hyzon Motors is willing to consider selling itself or merging to keep making progress on its fuel cell system.