Remaining Nikola staff is having a worse week than you – the company issued a recall for 95 of its hydrogen fuel cell-powered semi trucks.
Nikola, the electric pickup and semi-truck startup manufacturer, has filed for Chapter 11 bankruptcy. Court filings show that the company has about $47 million in cash on hand, with liabilities ...
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Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcyScandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for bankruptcy Wednesday.
Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest ...
Bankrupt truck maker Nikola Corporation is recalling 95 hydrogen fuel-cell semi trucks because the wrong bolts may have been used to secure their hydrogen tanks.
That said, it's unclear how the bankruptcy proceedings will impact companies using Nikola semi-trucks longer term. "In recent months, we have taken numerous actions to raise capital, reduce our ...
Founded in 2015, Nikola promised to develop long-haul semi trucks powered by hydrogen and electricity, and listed itself on the stock exchange in 2020 before it had sold a single vehicle.
Nikola Corp. and investors reached a settlement in their class action alleging the bankrupt electric-truck maker misled them ...
After falling out with Milton, Nikola changed course, canceling the Badger and refocusing its efforts on commercial trucks. The company delivered its first electric semi-trucks in 2022 ...
Nikola manufactured both hydrogen-electric and battery-electric semi trucks, and its fueling network has dispensed more than 330 metric tons of hydrogen, said Chief Executive Steve Girsky.
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