Hyroad Energy’s recent acquisition of Nikola Corporation’s hydrogen trucking assets reads like a master class in scavenging from the wreckage of failed subsidy-driven ventures. At Nikola’s bankruptcy auction, Hyroad picked up 113 hydrogen fuel-cell Class 8 trucks, along with spare parts, software platforms, and intellectual property that had been valued … [continued]
Strapped down to Allison’s dyno and ready to give it a serious hurtin’, this Nikola truck could spawn the future of OTR semis.
Chevrolet has released another preview of the all-electric Chevrolet Blazer SS and has announced its official reveal date: Monday, July 18th. Stay tuned for more exciting details on the reveal in the coming weeks. The ID.5 range is offering a compelling equipment package, including one with an energy efficient heat … [continued]
The US Energy Dept. is aiming a green hydrogen fuel cell truck mashup straight at the heart of coal, oil, and natural gas.
Nikola is merging with VectoIQ as part of a move that will see the new company being listed on the NASDAQ at an estimated post-merger valuation of $3.3 billion. The new company will operate under the Nikola Corporation name and be listed under the stock ticker “NKLA.”
On Thursday, May 4th, Nikola Corporation slipped quietly onto the Nasdaq stock exchange under the ticker symbol NKLA, opening at $37.55 a share, and then it spent the rest of it’s debut week bouncing around near that price before more than doubling on Monday, May 8th, when it closed at $73.27.
The Nikola Corporation is making a push into the EU with partner trucking company IVECO after the pair showed off the design model of the battery electric version of the Nikola TRE for European customers. Launching the battery electric Nikola TRE gives Nikola a bridge to the hydrogen-powered future the team envisions as the reality of the investment and lead time required for hydrogen to manifest in the global transportation marketplace are realized.
We’re excited to see one of three electric truck startups announcing a public event at Arizona Westworld, which we’ll cover in April 2019. The company is an interesting young one that is already accustomed to controversy.
