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Nikola’s Trevor Milton Says Future of Trucking Is Hydrogen-Based

Nikola Corp. founder and Executive Chairman Trevor Milton believes the hydrogen fuel cell technology that powers his company’s trucks can place Nikola at the forefront of global efforts to toughen clean-air rules while also providing a truck that meets the needs of commercial fleets.

July 30, 2020

Nikola to Launch New US Plant With Tre Cabover Model

The battery-electric cabover Nikola Tre model will be the first Class 8 off the assembly line at Nikola's manufacturing facility in Coolidge, Ariz.

July 28, 2020

Tesla’s ‘Mind-Boggling’ Value Leads Bernstein to Downgrade

Tesla Inc.’s soaring valuation led to a downgrade by Sanford C. Bernstein analyst Toni Sacconaghi on July 28, who said it is difficult to justify the market capitalization even using best-case scenarios.

July 28, 2020

Ryder Offers Workhorse Electric Step Van

Workhorse Group Inc. announced Ryder System Inc. is offering the C-Series Workhorse all-electric step van and that Ryder will place the first group of Workhorse C 1000 vehicles through COOP.

July 24, 2020

Green Energy Companies Partner to Proliferate Hydrogen Trucks

Green energy companies ReCarbon and HYZON Motors partnered July 23 in an effort to propel hydrogen-powered truck projects globally.

July 24, 2020

VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings

Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.

July 24, 2020

Nikola Breaks Ground on Arizona Plant

Nikola Corp. broke ground July 23 on a new electric-truck factory in Coolidge, Ariz., that it hopes to open next year, but first the startup needs to figure out a way to pay for the 1 million square-foot facility and other expenses with little cash on hand.

July 23, 2020

VW’s EV Expansion in Tennessee Is ‘On Plan’

Walls are up enclosing Volkswagen’s new $800 million electric vehicle production site in Chattanooga, Tenn., as factory equipment is shipped in for installation, an official says.

July 22, 2020

Tesla Slashes Deposit for China Customers to Just $143

Tesla Inc. lowered the deposit that buyers in China have to put down on its cars, seeking to keep sales momentum in the face of intensifying competition and reductions in the government’s electric-vehicle subsidies.

July 22, 2020