American electric truck-maker Nikola filed for bankruptcy mid-February 2025, reports Reuters, after “grappling with rapid cash burn and [struggling] to raise funds in the past few quarters.” ...
Nikola becomes the third electric vehicle company to file for bankruptcy in recent years, after Lordstown Motors in 2023 and Fisker last year. Launching a new all-electric company is, as many ...
LOS ANGELES -- American electric vehicle (EV) maker Nikola Corporation announced on Wednesday that the company has filed for bankruptcy protection. The EV auto startup, based in Phoenix ...
It formed a partnership with General Motors to build a “Badger” electric ute that never came to fruition. The Nikola Badger electric pick-up truck would have been a rival to Tesla’s Cybertruck.
So where does that leave the electric semi-truck industry? Between fraud charges and safety recalls, Nikola didn’t exactly set itself up for long-haul success. Even without those issues, however, it ...
This will continue till the end of March this year. The company has approached the court to authorise a sale of its assets. Electric truck manufacturer Nikola has filed for Chapter 11 bankruptcy ...
One of Arizona's largest electric vehicle (EV) makers has filed for bankruptcy, and FOX 10's Steve Nielsen has more on what this means for Nikola Motors, as well as the EV industry as a whole.
Electric vehicle startup Nikola has filed for Chapter 11 bankruptcy protection, and will soon begin selling off its assets as it looks to pay off an estimated $270 million in long-term debt. According ...
The company was developing electric and hydrogen trucks, along with hydrogen fulling infrastructure. In 2022, Nikola was embroiled in a scandal, which resulted in its founder being jailed for fraud.
You can check out at any time. More info A beauty product used for nails sold online has been recalled as it carries a risk of electric shock. The Competition and Consumer Protection Commission ...