Sunday, 30 March 2025

Focus on Nikola

As an integrated truck and energy company, Nikola is transforming commercial transportation with heavy duty Class 8 transport trucks, including battery-electric and hydrogen fuel cell electric trucks. Nikola’s associated energy brand, HYLA, is driving the advancement of the complete hydrogen refueling ecosystem. Nikola is based in Phoenix, Arizona, with a manufacturing facility in Coolidge, Arizona.

FILE PHOTO: A Nikola Hydrogen Fuel Cell EV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
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EV maker Nikola exploring options including potential sale, Bloomberg News reports

(This Jan. 23 story has been corrected to say that Nikola had $464.7 million in cash and cash equivalents at the end of...

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Beam Global Secures First Sponsorship Deal with Globos Osiguranje to Deploy EV ARC™ Systems at Belgrade Airport

The EV ARC™ systems provide free public EV charging and a long-term recurring revenue stream for Beam GlobalSAN DIEGO, Nov. 14, 2024 (GLOBE...

Members of the media stand in front a hydrogen-powered Artic truck at the booth of U.S. truckmaker Nikola at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)HydrogenNewsTransport

EV maker Nikola posts bigger-than-expected quarterly loss, shares fall

The EV maker's shares plunged 5% on the news that it had fallen over $10 million short of revenue expectations.

FILE PHOTO: A Nikola Hydrogen Fuel Cell EV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
AutomotiveBusinessFinanceFuelHydrogenManufacturingNewsTransport

Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3

Nikola delivered 88 hydrogen fuel cell trucks in Q3, up from 72 in Q2, maintaining steady demand for its big rigs.

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J.B. Hunt Adds 20 Additional Nikola FCEVs to Expand Sustainability Solutions for Customers

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced that it...

FILE PHOTO: Trevor Milton, founder and former-CEO of Nikola Corp., departs the Thurgood Marshall United States Courthouse in New York, U.S., September 12, 2022. REUTERS/Amr Alfiky/File Photo
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Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules

The judge ordered Nikola founder Trevor Milton, convicted of fraud, to pay $167.7M for misleading statements about the company.

News Release

Nikola Strengthens Southern California Hydrogen Infrastructure with New HYLA Station at Tom’s Truck Center in Los Angeles County

Expansion supports growing demand for sustainable transportation solutions along the burgeoning “hydrogen highway” Aug 12 2024 PHOENIX –– August 12, 2024 — Nikola Corporation (Nasdaq:...

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Nikola Corporation Awarded Sourcewell Cooperative Contract

Cooperative purchase program allows public agencies to more easily purchase Arizona-assembled Class 8 zero-emission trucks Aug 19 2024 PHOENIX — August 19, 2024 — Nikola...

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Nikola Corporation Reports Second Quarter 2024 Results

Aug 9 2024 Reported strongest topline in the history of the company, Q2 2024 revenue was $31.3M, up 318% from Q1 Wholesaled 72...

FILE PHOTO: U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Nikola posts smaller-than-expected loss on robust truck demand

Nikola beat posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs

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