Electric vehicle startup Nikola on Wednesday filed for Chapter 11 bankruptcy. The company plans to hold an auction of its assets, pending court approval. Nikola once reached a higher market ...
Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle maker to stumble after grappling with tepid demand, rapid ...
Nikola, the Phoenix-based EV startup focused on electric and hydrogen commercial trucks, has filed for Chapter 11 bankruptcy.
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.
Photo: Andy Cross/Associated Press/Andrew Caballero-Reynolds/AFP/Getty Images Another green-energy unicorn died Wednesday as Nikola Corp., the electric-truck startup, filed for Chapter 11 bankruptcy.
Some of those assets would include Nikola’s Class 8 hydrogen fuel cell electric trucks and battery electric truck platforms. Nikola had also been in the process of developing a HYLA hydrogen ...
Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
Nikola, the startup that sought to build fleets of electric heavy-duty trucks, has filed for bankruptcy and plans to shut down. The company, which filed for Chapter 11 bankruptcy Wednesday ...
Nikola Corp. and investors reached a settlement in their class action alleging the bankrupt electric-truck maker misled them ...
Nikola ramped up production of its hydrogen-powered fuel-cell electric trucks in 2024. But the company struggled to raise funding and its cash balance dwindled as it continued to lose hundreds of ...