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 […]
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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 […]
The Nikola Motor Company dropped a bomb on the electric vehicle industry today with news of a pending acquisition of a team that has developed next generation battery technology. The news comes with claims of a cathode with 4 times the energy density of today’s lithium-ion cells, lasts for 2,000 cycles, and at a cell […]
PHOENIX: As part of its ongoing fundraising effort, Nikola Corporation (NEE-KO-LA) is proud to announce two strategic investors from its prior funding rounds. Bosch and Hanwha have each invested at least $100 million, totaling $230 million. Earlier this week, Nikola announced the lead investor, CNH Industrial, as part of its $1 billion Series D fundraising […]