Nikola News Updates

BusinessTechnologyFuel

Nikola Asks Shareholders to Approve Big Jump in Outstanding Shares

Truck maker Nikola Corp. is hoping to gain shareholder approval at its annual meeting for the company’s proposal to increase the number of shares outstanding and thus raise more money by selling equity.

June 22, 2022
GovernmentBusinessTechnologyFuel

Nikola Approved for Truck Voucher Incentive Program in New York

Truck maker Nikola Corp. announced that its Class 8 Nikola Tre battery-electric vehicle is eligible for the New York Truck Voucher Incentive Program.

June 9, 2022
BusinessTechnologyEquipmentFuel

Nikola Reports Surprise Q1 Revenue

Electric truck startup Nikola said in its first-quarter earnings report on May 5 that it delivered its first semi-trucks to customers in April.

May 5, 2022
BusinessTechnologyEquipmentFuel

Nikola Sees Energy Transition in Arizona Desert

COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.

April 28, 2022
BusinessTechnologyFuel

Nikola Announces ENGS to Finance Trucks, Dealer Activities

Nikola Corp. and ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, announced an agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles and Nikola Tre hydrogen fuel-cell electric vehicles.

March 30, 2022
BusinessTechnologyEquipment

Nikola Dealership Alta Equipment Group Adds Arizona Territory to Network

Alta Equipment Group Inc. announced it was awarded truck maker Nikola Corp.’s Arizona sales and service territory.

March 23, 2022
BusinessTechnologyFuel

Nikola Projects Delivering 300 to 500 Electric Trucks This Year

Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.

February 24, 2022
BusinessTechnologyFuelAutonomous

Michael Lohscheller Named President at Nikola Motor

Nikola Corp. named Michael Lohscheller president of Nikola Motor with the aim of scaling its global heavy-duty truck business.

February 22, 2022
BusinessTechnologyFuel

Anheuser-Busch Taps Zero-Emission Trucks to Deliver New Beer

Anheuser-Busch teamed up with fleet partners Nikola Corp. and BYD Motors ahead of the Super Bowl to deliver Bud Light NEXT with zero-emission trucks.

February 11, 2022
BusinessTechnologyFuel

Nikola Signs Battery Deal With Proterra for Electric Big Rigs

Nikola Corp. announced a long-term supply agreement with Proterra Inc. for battery technology, giving the electric big-rig maker a second source for the critical components.

January 18, 2022