Nikola, a developer of hydrogen fuel-cell and battery-electric trucks that was once among the most hyped automotive startups, filed Chapter 11 bankruptcy protection in Delaware on Wednesday. The ...
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Hydrogen and EV Truck Maker Nikola Is Bankrupt
It’s been a wild ride for the ambitious maker of large trucks, including a big-dollar deal with GM and a high-profile fraud conviction for its founder. But now, it’s bankrupt. Nikola’s rise was ...
Electric truck manufacturer Nikola announced it had filed for Chapter 11 bankruptcy protection. The company will pursue a sale of its assets while fighting financial challenges. The company, founded ...
Nikola’s rise was dramatic, but its fall was a little slower. Like any startup, the promises were rosy: zero-emissions heavy trucks, for long- and short-haul routes, to decarbonize roadgoing transport ...
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