Gordon Brothers, Nations Capital auction Nikola hydrogen assets
Gordon Brothers and its affiliate, Nations Capital, are offering for private sale all machinery and inventory related to Nikola’s hydrogen ...
Tag: Nikola
Nikola files for bankruptcy
Commercial EV maker Nikola has filed for Chapter 11 bankruptcy, culminating a yearslong struggle and raising questions about the future ...
Nikola considers bankruptcy, capping EV maker’s wild ride
Nikola Corp. is exploring a possible bankruptcy filing, according to people familiar with the matter, following a tumultuous period in ...
EV maker Nikola explores sale, partnerships with cash dwindling
Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, ...
EV manufacturers report mixed results in Q3
EV manufacturers Nikola and Lion Electric posted contrasting sales results in the third quarter as both companies cut costs. The ...
Q3 Class 8 commercial vehicle sales drop, other classes rise
Sales for commercial vehicles across seven of the eight classes showed signs of strengthening in the third quarter, but Class ...
June truck orders decline amid overcapacity, elevated rates
Orders for Class 5 to Class 8 trucks decreased in June as freight rates and overcapacity further exacerbated the overall ...
Electric vehicle earnings mixed facing uncertain future
Manufacturers Nikola and Lion Electric reported mixed results for the quarter ended March 31, as the electric vehicle market navigates ...
