Lucid has significantly expanded its operations in Arizona with the official opening of its new Phoenix Hub and manufacturing site in Coolidge. The expansion is thanks to Lucid’s April $30 million acquisition of assets from […]
Trevor Milton, the embattled founder of Nikola Corporation, has received a full and unconditional pardon from U.S. President Donald Trump, wiping away his 2022 conviction for securities and wire fraud. The pardon was first announced […]
Nikola Corporation has officially filed for Chapter 11 bankruptcy, marking the end of a tumultuous journey filled with big promises, financial struggles, and scandal. The company, which was once hailed as a revolutionary force in […]
Trevor Milton, the founder and former CEO of Nikola Corporation, has been ordered by a U.S. federal judge to pay the company nearly $168 million. This ruling upholds the decision from a previous arbitration panel, […]
Nikola announced that the company is suspending sales and recalling all its battery-electric trucks due to recent fires. The issue looks like a coolant leak inside the battery pack, leading to a thermal event. The […]
Nikola Corporation has sold its Phoenix Hydrogen Hub (PHH) project to Fortescue Future Industries (FFI). Nikola says the decision to sell the PHH project allows them to tap into the capital and resources necessary to […]
Nikola has announced that it will be pausing production of its zero-emission heavy duty trucks for several weeks. The pause will be used to adjust the company’s vehicle mix and to alter its relationship with […]
Nikola is recalling all Tre BEV trucks manufactured between November 2021 and April 2023 in the United States due to an issue related to the Bendix Intellipark Tractor Park Valve Module. Per the recall notice, […]
Nikola announced on Thursday plans to raise $100 million in capital through a public stock offering, and a potential private sale of stock to an undisclosed investor. The electric heavy-duty truck manufacturer will offer up […]
As more companies shift their fleet of commercial vehicles to electric, one big stumbling block for many is a lack of commercial EV charging solutions. To help their customers and others, Nikola has teamed up […]
