Company Cancels ‘Nikola World’ Expo, Though, Citing Covid-19 Restrictions Embattled fuel-cell and battery-electric truck developer Nikola Corp. is on track to meet its corporate goals despite the plunge in its stock vale and resignation of its founder after he was…
[A 3-min. read.] Where Does All That Lithium Go? EV critics and skeptics often use all those lithium batteries as a reason for abandoning EVs. What happens when all those batteries die and start piling up is the often-asked question.…
The VW ID.4, Volkswagen’s global entry in the race to electrify private transportation, will hit the U.S. early in 2021, with inaugural pricing as low as $39,995 before incentives. The compact electric SUV is first in a series of all-electric…
Says Focus Should Be On Company, Not Him Trevor Milton, the self-assured founder of fuel-cell electric truck developer Nikola Corp., is leaving the company after a short-seller accused him of building a business based on fraudulent claims that overstated the…
2022 Model Will Have Hybrid and PHEV Versions Hyundai’s new Tucson, redesigned for 2022, will come in conventional and plug-in hybrid flavors. Hyundai unveiled the fourth-generation of its compact Tucson crossover utility this week in Seoul, setting a mid 2021…
Issues lengthy rebuttal to research firm’s incendiary report Nikola Corp., under fire from a short seller for alleged fraudulent performance claims, has issue a lengthy statement rebutting the allegations, calling the report by Hindenburg research “false and defamatory.” Additionally, Phoenix-based…
Nikola Founder Says Allegations False, Calls for SEC Probe An investment research firm betting on the collapse of electric truck developer Nikola Corp. has called the fast-rising startup a company built on fraud. The incendiary allegations, contained in a lengthy…
Electric truck developer Nikola Corp. has signed a massive deal with General Motors that will see GM building Nikola’s upcoming Badger pickup and supplying the Arizona-based company with fuel cells and batteries for most of its vehicles. The deal will…
“They earned it,” company founder says of $233-millon gift from his personal holdings. [A 2 min., 30-sec. read.] Nikola Corp.’s founder and chairman, Trevor Milton, gets a big checkmark in the “good boss” column: He has given more than 6…
[4-min. read] VW Expands for EVs Volkswagen says it will expand its North American Engineering and Planning Center in Chattanooga, Tenn., to include a major EV research, engineering and assembly facility. The expansion will include a high-voltage battery development and…