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nikola

News

Nikola teaming up with TC Energy on hydrogen production hub in Alberta

April 28, 2022 Drive Tesla Staff 0

TC Energy is looking into the possibility of constructing a hydrogen production hub near a natural gas storage facility in southern Alberta. If the project moves ahead, one of their main customers will be Nikola. […]

Nikola Corporation Tre BEV
News

Nikola starts production on their Tre battery-electric truck

March 24, 2022 Scott Nordlund 0

Nikola announced it had started production on its first battery-powered semi-truck, the Tre. According to the company, production started on Monday at their Coolidge, Arizona factory. The company will begin delivering the trucks in the […]

News

Nikola names Michael Lohscheller President

February 23, 2022 Scott Nordlund 0

After a year of turmoil, Nikola Corporation announced on Tuesday Michael Lohscheller as the new President of Nikola Motors. Lohscheller is an accomplished automotive executive with experience with some of the largest automotive brands in […]

Nikola Tre
News

Nikola secures deal with Proterra for long-term supply of EV batteries

January 19, 2022 Darryn John 0

Nikola Motor Corp. has expanded their electric vehicle (EV) battery supply chain. The electric truck maker announced a new long-term deal with Proterra for a supply of batteries for its TRE semi trucks. According to […]

Tesla vs Nikola semi design
News

Nikola drops $2 billion patent infringement lawsuit against Tesla

January 4, 2022 Darryn John 0

After recently settling with the US Securities and Exchange Commission (SEC) and agreeing to pay $125 million over federal security law violations, Nikola Corp. has dropped its $2 billion patent infringement lawsuit against Tesla. According […]

Trevor Milton Nikola Motors
News

Nikola settles with US SEC for $125 million

December 22, 2021 Scott Nordlund 0

On Tuesday, Nikola settled with the US Securities and Exchange Commission (SEC) over federal security law violations. The company will pay a penalty of $125 million. The SEC noted that Nikola violated the federal securities […]

Nikola Corporation Tre BEV
News

Nikola delivers first two Tre battery-electric semi trucks

December 19, 2021 Darryn John 0

While Nikola Corporation founder Trevor Milton continues to battle it out in court over charges of misleading investors, the company reached a major milestone this week. The company delivered its first two Tre battery-electric semi […]

News

Nikola founder Trevor Milton seeks to dismiss two counts of his indictment

December 17, 2021 Scott Nordlund 0

Founder of Nikola Corp, Trevor Milton, is hoping a federal judge will throw out two of three indictments accusing him of misleading investors. Milton filed multiple motions to dismiss charges on Wednesday, noting issues about […]

Trevor Milton Nikola Motors
News

Trevor Milton has cashed out $284 million of Nikola (NKLA) stock since being charged with fraud

November 25, 2021 Darryn John 0

Even though he was forced to resign earlier this year, Trevor Milton was able to retain his shares in the company he founded, Nikola Corp. It turns out that was a good deal. Milton has […]

Trevor Milton Nikola Motors
News

Nikola sets aside $125 million to pay SEC for Trevor Milton’s misdeeds

November 4, 2021 Darryn John 0

Nikola Corp. is expecting to pay a lot of money to the U.S. Securities and Exchange Commission (SEC) to settle the ongoing case against founder Trevor Milton. On Thursday the company announced it has reserved […]

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