Nikola managed to barely hold on to its $2 billion lawsuit against Tesla over the design of its electric truck. The company’s stock went up 5% on the news as Nikola’s prospects are more and more limited following several controversies.
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Nikola appears to finally be letting go of its ridiculous $2 billion lawsuit against Tesla. Nikola had claimed that Tesla stole the design for the Tesla Semi.
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Nikola Motor has signed a Memorandum of Understanding (MoU) with the Hamburg Port Authority (HPA) alongside commercial vehicle brand IVECO. The news came during the inauguration of Nikola’s joint venture manufacturing facility in Germany with IVECO. With the MoU, both parties shared intentions to collaborate on the testing and implementation of up to 25 Nikola Tre BEVs in 2022.
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Trevor Milton, the founder and former CEO of Nikola, a company working on electric and fuel cell trucks, was indicted today by a grand jury on three counts of criminal fraud over false claims he made about the company.
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Nikola (NKLA) announced that the company and a partner have canceled a deal to make electric garbage trucks, and the reason they gave is basically that it is too hard.
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In a surprising turn of events, Tesla (TSLA) now claims Nikola (NKLA) stole its truck design from Rimac’s designer in an update to its patent lawsuit update.
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Nikola (NKLA) founder and executive chairman Trevor Milton is out of the company after his deception has been exposed and the company is starting to feel the pressure from all sides.
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Nikola Motors (NKLA) has issued a somewhat weak response to the allegations made in a recent report, and even admitted to faking the video of their electric hydrogen truck driving on the road.
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Nikola Motors and its founder, Trevor Milton, are scrambling to save face after a research report exposed years of deception. This follows their new deal with GM, who doesn’t seem very concerned about their new partners’ past deception.
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Nikola Motor (NKLA) announced a partnership with GM that will result in the latter engineering and manufacturing its upcoming Badger electric/hydrogen pickup truck, and maybe eventually its other vehicles.
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Nikola Motors, the defacto Tesla Motors copycat with a hydrogen twist, announced that they started taking $5,000 deposits for a pickup truck that only exists in renders and that they only plan to make due to Tesla Cybertruck.
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Nikola Motors’ lawsuit over the Tesla Semi design lawsuit is moving forward after their design patents have been upheld despite looking quite weak.
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Nikola Motors, better known for its electric fuel-cell semi-trucks, is today unveiling a concept for a new electric pickup with a battery/fuel-cell hybrid powertrain enabling 600 miles of range, 0-60 mph acceleration in 2.9 seconds, and more.
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Nikola Motor, better known for its hydrogen fuel cell semi trucks, is claiming a major battery breakthrough with much higher energy density, but you should take the claim with a major grain of salt.
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Nikola Motors, an electric and hydrogen truck startup, is announcing new all-electric versions of their semi trucks in order to compete with Tesla Semi.
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Tesla is currently being sued by Nikola Motors for $2 billion over the design of the Tesla Semi, but the automaker has now obtained its own design patents for the electric truck – significantly weakening Nikola’s case.
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Nikola Motors, a Utah-based startup developing electric vehicles and hydrogen fuel cell trucks, announced that it secured $100 million as part of a $200 million series C round of funding that it is planning to close this month.
The money will be used to bring its electric vehicles and hydrogen trucks to market.
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Nikola Motors, a Utah-based company working on a battery-hydrogen semi truck and other electric vehicles, filed a lawsuit against Tesla claiming that they copied the design of their truck for the Tesla Semi.
The company is seeking as much as $2 billion from Tesla in what appears to be a clear case of patent trolling.
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