Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.
Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
Nikola to keep up ‘limited operations’ and will pay its employees while it pursues an auction and sale process.
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...
BYD’s CEO, Wang Chuanfu, said the company’s latest platform enables fuel consumption as low as 2.9 liters per 100 km. After launching the Qin L and Seal 06 DM-i models last year, the first equipped ...
Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
Nikola follows Canoo and Fisker into bankruptcy. Rivian continues to hold on, despite massive losses and taxpayer support, ...
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Nikola was the latest high-profile EV company to go belly after failing to meet high expectations. Other EV startups that ...
Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...
Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...
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