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Nikola Execs Threatened to Quit If Trevor Milton Didn’t Step Down

Three top Nikola Corp. executives threatened to resign in 2020 if the electric vehicle maker’s founder, Trevor Milton, didn’t step down as executive chairman, according to a filing in the federal fraud case against him.

September 20, 2022

Fisker, Wallbox Partner on EV Charging Stations

Electric vehicle maker Fisker Inc. on Sept. 20 named electric vehicle and energy management solutions provider Wallbox its global partner for home EV charging solutions.

September 20, 2022

Daum Stresses Green Technology, Collaboration

HANOVER, Germany — Daimler Truck CEO Martin Daum said his company is pursuing a clean-energy strategy built around electric and fuel cell technology, setting aside natural gas as a component of the plan.

September 20, 2022

Batteries Battle Fuel Cells for Top Spot for Electric Trucks

Nikola President Michael Lohscheller was beaming when he unveiled the U.S. startup’s fuel cell truck for the European market at the region’s biggest commercial vehicle show this week.

September 20, 2022

Winter in Europe Looms as Next Challenge for Energy Availability

CHICAGO — Two former White House officials say the world’s supply chain has experienced unprecedented disruption the last 2½ years because of the COVID-19 pandemic.

September 19, 2022

Diesel Drops Below $5 at $4.964 a Gallon

The national average price of diesel slid 6.9 cents to $4.964 a gallon in its third straight decline, according to Energy Information Administration data released Sept. 19.

September 19, 2022

Nikola CEO Mark Russell Says Trevor Milton Was Prone to Exaggerate

Nikola Corp.’s chief executive officer told a jury he learned only after joining the company that its debut electric truck had neither a gas-powered turbine nor a fuel cell when founder Trevor Milton unveiled it.

September 19, 2022

Struggling EV Startup Mullen Auto Bids for Bankrupt Electric Last Mile

Troubled EV startup Mullen Automotive Inc. has emerged as the leading bidder for the assets of bankrupt competitor Electric Last Mile Solutions Inc., including a now-idle former Hummer SUV factory in Indiana.

September 19, 2022

Volvo Trucks Unveils New Axle for Extended Electric Truck Range

Volvo Trucks unveiled its fully electric rear axle that is designed to free up space for batteries, the company announced Sept. 19.

September 19, 2022

Germany’s Bosch Warns EV Industry Over Battery Cell Reliance

Europe’s energy crisis offers a hard lesson on the risks of focusing on one fuel source — in the case of the electric vehicle industry, battery cells, according to Markus Heyn, head of mobility services for Robert Bosch GmbH.

September 19, 2022