Nikola

The Great Hydrogen Fleet Flip: Nikola’s Collapse Fueled A New Subsidy Play

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]

Nikola Bankruptcy Just Part Of Crumbling Of Hydrogen For Transportation

Nikola, with its hydrogen trucks, has finally left the building. The company gained widespread attention after going public via a SPAC merger in 2020, briefly reaching a market valuation of over $30 billion. However, founder Trevor Milton was complicit in the SPAC pump and dump, misleading investors about Nikola’s technological … [continued]

Fortescue & Nikola Insane Green Hydrogen For Trucking Play In Waterless Arizona Desert

Green hydrogen is absolutely essential for decarbonizing the massive global warming problem that is current hydrogen use. Our current 120 million tons is a global warming problem on the scale of all of aviation. You would think that fixing that would be the highest priority, and that deeply irrational alternatives … [continued]

CES Unveiled | 2024 Preview

This week, we’re in Las Vegas for the Consumer Electronics Show — better known as CES — and Paul Fosse, Kyle Field, and I will be on the ground trying to find the best clean tech and sustainability news stories there. That said, from what I was able to se … [continued]