It might be worthwhile to examine the progress and challenges of the hydrogen economy, and its heavy-duty side, in a separate article. For now, the advancement in this field is quite slow, and hydrogen truck manufacturers are facing significant obstacles when it comes to introducing their products to potential customers. However, Nikola Corporation is taking […]
Electric truckmaker Nikola and Plug Power, a fuel cell maker aiming to become the top U.S. supplier of hydrogen made from water and renewable power, say they’ve formed a supply partnership to accelerate the use of green hydrogen and that includes Plug purchasing Nikola’s fuel cell semi-trucks. Under the terms of their agreement, Plug will […]
Electric vehicle maker Nikola Corp (NKLA.O) said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state’s first low-carbon hydrogen production supply chain. However, Nikola said it was working on a definitive agreement with the hydrogen producer to expand supply for Nikola’s fuel-cell electric vehicles. The over 7,000-acre KeyState site is […]
Nikola Corp., which plans to mass-produce hydrogen-powered electric semi-trucks, said it’s buying a $50 million stake in an Indiana energy project led by Wabash Valley Resources that’s converting an idled coal-fired power plant into a large-scale hydrogen factory. The Phoenix-based startup is getting a 20% stake in the West Terre Haute, Indiana, facility in exchange […]
Truckmaker Iveco, electric and hydrogen vehicle maker Nikola and German gas network operator OGE said on Wednesday they entered a preliminary agreement to support hydrogen distribution for fuel-cell electric vehicle (FCEV) refuelling. The three companies will cooperate to set out a business structure for transporting hydrogen via pipeline network from production sources to hydrogen fuelling […]
Tesla Inc’s (TSLA) stock has taken a tumble over the last few week, falling almost 30% since January 26.That’s hundreds of billions of dollars wiped off the value of one company in a matter of weeks. Other stocks int he sector took a similar beating, such as Nikola (NKLA) and Nio Limited (NIO). They are […]
The amount to be sold is worth about $180 million based on its closing price of $16.39 A representative from Hanwha said on Thursday that it plans to sell the shares from June 9 until Dec. 10 Nikola Corp. is seeing another strategic partner sell down its stake as South Korea’s Hanwha Group signaled its […]
Trevor Milton, the founder and chief evangelist of the Arizona-based electric car startup Nikola Corp, was forced to quit as the executive chairman of it board amid serious allegations that he indulged in willful misrepresentation of the company’s battery and fuel cell technology to investors. The company announced that Trevon Milton will be replaced by […]
GM also will help with cost reductions for Nikola’s other vehicles including heavy trucks, and the company will use GM’s battery system and hydrogen fuel technology DETROIT: General Motors announced its second major electric vehicle partnership in less than a week on Tuesday, this time a $2 billion deal with startup Nikola. GM will take […]
Lucid blasts past the 500-mile range barrier. Nikola Motors announces the largest order of tailpipe-emissions-free garbage trucks, but hydrogen isn’t part of it. And South Korea is angling to exclude Tesla. This and more, here at Green Car Reports. Through independent testing, Lucid claims to have achieved a 517-mile range result on the EPA cycle—although […]