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Volkswagen has boosted its stake by $200 million in a San Jose, Calif., company that targets solid state battery technology, and the two partners are looking at setting up a pilot plant.

Zero-emission truck maker Nikola Corp., which recently jumped to a publicly traded company from its startup perch, has begun building prototypes of its heavy-duty battery-electric model in Germany and is set for groundbreaking on a plant in the United States this summer.

Many investors, including those using financial data terminals such as Bloomberg’s, were seeing something very different — that Tesla still had to gain more than $25 billion in market value to surpass Toyota.

The executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014 with the goal of revolutionizing the trucking industry.

The German government agreed June 10 on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions.

CEO Elon Musk sent an email to Tesla employees before the market opened June 10 declaring that it is “time to go all out” and put Tesla’s Semi into volume production.

Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.

Shares of Nikola Motor Co. surged 104% to a record in its third day of trading on the Nasdaq after a merger with VectoIQ Acquisition Corp.

Daimler Truck AG has established Daimler Truck Fuel Cell GmbH & Co., the organizational and legal framework intended to bring together all of the group’s fuel cell activities.