Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile ...
Nikola Corp. plans to lay off 855 workers between its Phoenix headquarters and Coolidge manufacturing facility as the ...
The EV startup planned to build electric and hydrogen trucks but struggled to deliver enough vehicles to turn any profit, resulting in the Chapter 11 filing.
Toronto, Ontario — In this weekly electric and autonomous vehicle report, electric vehicle manufacturer Nikola has officially filed for bankruptcy; while Stellantis unveils its first ...
Nikola starts Chapter 11 bankruptcy and asset sale proceedings with about $47 million in cash to maintain operations, ...
Once valued higher than Ford, Nikola has now collapsed in bankruptcy, leaving 1,000 employees jobless.