Torc tackles beyond-the-truck autonomous issues
Torc Robotics has the autonomous truck nearly ready. Now comes the hard work of making a business from it.
Torc Robotics has the autonomous truck nearly ready. Now comes the hard work of making a business from it.
Carey Mendes, a former oil executive leading’s Nikola’s pursuit of a hydrogen distribution network, has resigned.
Proterra customers are sanguine about the electric bus and battery maker’s bankruptcy reorganization. They expect deliveries to continue.
Investor confidence coincidentally clashes with an executive’s stock sales at autonomous trucking developer.
Losers among transportation startups are rapidly being defined, It will take longer to determine the winners.
Nikola has a minimum of 180 days to get its share price above $1 or it could be delisted from the Nasdaq.
Nikola will get $35 million in cash and 20.6 million of its shares from ending a joint venture with Europe’s Iveco Group, but ties remain.
Nikola customers will test Plus autonomy on the startup’s battery and fuel cell electric trucks this year and make it standard in 2024.
A letter of intent for 100 of its fuel cell trucks in Germany boosts Nikola’s global zero-emission aspirations.
Daimler Truck CEO Martin Daum has strong opinions on cabovers versus conventional trucks, fuel cells and other issues.
A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks.
Nikola is asking shareholders to dilute their investment by authorizing 200 million new shares of the electric truck maker that could raise $1.5 billion.
Los 5 principales ejecutivos se mantienen con sueldos de 1 dólar al año, apostando por la revalorización de las acciones
Plus and Iveco lay out a timeline for driver-supervised autonomous trucks followed by fully driverless trucks.
Nikola continues to work its fuel cell electric truck reservation book, converting flatbed hauler PGT Trucking to a letter of intent.
With TuSimple going public by IPO, a new report says rival autonomous trucking software developer Plus will soon follow via SPAC.
After a delay in getting hydrogen infrastructure partners, Nikola cuts its second deal in a week, this one withTravelCenters of America.
A transmission pipeline will take hydrogen where Nikola needs it for fuel cell trucks it plans to build in Germany with IVECO.
An understanding between European truck maker IVECO and self-driving software maker Plus includes liquified natural gas but not electric trucks.
South Korean’s Hanwha Group plans to cut 50% of its holdings in Nikola as the electric truck startup seeks to sell $100 million in new shares.
Nikola has less need for partners for its hydrogen fueling stations now that it has a sweet price for electricity in Arizona.
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A week after renewing confidence in embattled Nikola Corp. and indicating its deal to manufacture the startup’s electric pickup truck was on track, General Motors has dropped its supportive language.
Nikola’s chief financial officer tried to clear a cloud of confusion over the startup electric truck maker, dissecting who does what on the Nikola Tre that goes into production in Europe in 2021.
Owners of low-priced warrants for new shares and pre-merger discount buyers registered to cash out of electric truck startup Nikola leading to an after hours selloff on Friday, July 17.
Nikola experienced a V-shaped recovery in its share price as storytelling in place of revenue drives enthusiasm and disdain for publicly traded electric truck startups.
Diesel-electric hybrid truck components maker Hyliion expects to be publicly traded around the end of the third quarter in a reverse merger like one that catapulted electric Class 8 truck startup Nikola Corp. to a $23 billion valuation.
Nikola will break ground July 23 for an Arizona plant that will hire 2,000 workers to assemble battery-electric Class 8 trucks before moving on to hydrogen fuel cell models.
Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public, expects its shares to begin trading under its own name on the NASDAQ later this week.
After shunning public ownership, fuel cell truck startup Nikola watched as the WeWork debacle made private fundraising harder. Its merger with VectoIQ brings in about $700 million to help pay to build Nikola’s Class 8 truck plant and the beginning of a hydrogen fuel station network.
Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.
The partnership between IVECO and Nikola Motors announced in September will roll out its first battery electric truck to European buyers in 2021. A fuel cell electric model will follow in 2023.
Tribunal rules $6 billion class action against manufacturers DAF, Daimler/Mercedes, Iveco, MAN and Volvo/Renault can proceed.
Nikola Corp. expects to raise more than $1 billion in its Series D runding raising. That starts with London-based CNH Industrial that invested $250 million in cash and in-kind help.