Nikola Motors

At IAA Transportation 2022 in Germany today, Nikola Corporation and joint venture partner IVECO Group have announced the opening of sales for a version of the Nikola Tre BEV truck designed specifically for Europe.

Nikola Motors is emerging from the dark after releasing its Q2 2022 earnings. After a strong performance, Nikola is trending again – this time for the right reasons.

Commercial EV manufacturer Nikola Corporation announced it has signed an agreement to acquire EV battery developer Romeo Power Inc. Nikola will absorb Romeo’s battery manufacturing facility in Southern California and begin engineering its own EV packs in-house.

As a zero-emissions vehicle (ZEV), Nikola Corporation’s Tre BEV truck has qualified for yet another state incentive program for fleet customers. The American automaker announced that the battery electric Nikola Tre is eligible for the New York Truck Voucher Incentive Program (NYTVIP). Under the statewide program, the Nikola Tre BEV can now qualify for an incentive up to $185,000… per truck.

Nikola Corporation shared its Q1 results for 2022 and things are looking up. In addition to a small but noteworthy gross profit, the previously ill-famed commercial EV manufacturer began delivering some BEVs and has purchase orders (POs) or letters of intent (LOIs) for hundreds more. Nikola also continues to make strides in expanding its Arizona manufacturing facility.

ZEV manufacturer, Nikola Corporation, shared plans to ask its shareholders for approval to dilute their current holdings in order to add 200 million new shares, which would raise about $1.5 billion based off its closing price on Friday. The startup plans to use the funds to scale production of its Tre BEV trucks and finish building its US manufacturing facility in Coolidge, Arizona.

Nikola Motors (NKLA) has lost almost its entire supply chain leadership over the last few months as the situation at the company is starting to look dire.

Sources familiar with the matter say that the company put a hiring freeze in place for now.

EV technology company Proterra continues to expand its rolodex of commercial EV customers, as Nikola Corporation has recently joined the fold. As part of a new multi-year supply agreement, Proterra will provide its proprietary battery technology to power Nikola’s Tre BEVs and FCEVs.

American Zero-emission vehicle manufacturer Nikola Motors recently shared news that its Tre BEV semi truck has received eligibility from the California Air Resources Board (CARB) to be classified as a Zero-Emission Vehicle (ZEV) in the state, thus qualifying for an incentive of $120,000 per truck.

Nikola has officially given up on its $2 billion patent trolling lawsuit against Tesla over the design of the Tesla Semi electric truck.

Nikola Corporation announced it has reached a settlement with the US Securities and Exchange Commission (SEC), putting a bookend to the government agency’s fraud investigation that began in 2020.

Nikola managed to barely hold on to its $2 billion lawsuit against Tesla over the design of its electric truck. The company’s stock went up 5% on the news as Nikola’s prospects are more and more limited following several controversies.

Nikola appears to finally be letting go of its ridiculous $2 billion lawsuit against Tesla. Nikola had claimed that Tesla stole the design for the Tesla Semi.

Nikola Motor has signed a Memorandum of Understanding (MoU) with the Hamburg Port Authority (HPA) alongside commercial vehicle brand IVECO. The news came during the inauguration of Nikola’s joint venture manufacturing facility in Germany with IVECO. With the MoU, both parties shared intentions to collaborate on the testing and implementation of up to 25 Nikola Tre BEVs in 2022.

Trevor Milton, the founder and former CEO of Nikola, a company working on electric and fuel cell trucks, was indicted today by a grand jury on three counts of criminal fraud over false claims he made about the company.

Nikola (NKLA) announced that the company and a partner have canceled a deal to make electric garbage trucks, and the reason they gave is basically that it is too hard.

In a surprising turn of events, Tesla (TSLA) now claims Nikola (NKLA) stole its truck design from Rimac’s designer in an update to its patent lawsuit update.

Nikola (NKLA) founder and executive chairman Trevor Milton is out of the company after his deception has been exposed and the company is starting to feel the pressure from all sides.

Nikola Motors (NKLA) has issued a somewhat weak response to the allegations made in a recent report, and even admitted to faking the video of their electric hydrogen truck driving on the road.

Nikola Motors and its founder, Trevor Milton, are scrambling to save face after a research report exposed years of deception. This follows their new deal with GM, who doesn’t seem very concerned about their new partners’ past deception.

Nikola Motor (NKLA) announced a partnership with GM that will result in the latter engineering and manufacturing its upcoming Badger electric/hydrogen pickup truck, and maybe eventually its other vehicles.