Electric-truck maker Nikola files for Chapter 11 bankruptcy protection
Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in the ...
Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protection. The company, once a rising star on ...
Trump Could Hit The Entire Auto Industry With The Chicken Tax
What does chicken have to do with what cars you can buy in America, and how much you pay for them? A lot more than you might ...
KGM Musso EV Truck Spied Testing, ICE Version Also In The Works
KGM is spinning the Musso name off as a truck-focused sub-brand and recently showed the production version of the EV at a ...
2025 Chevy Blazer will be first EV pace car at Daytona 500
GM’s first-ever all-electric supersport vehicle will set the pace for racers at Daytona International Speedway on Feb. 16 for ...
Nikola files for chapter 11 bankruptcy as cash flow issues, weak demand for vehicles take a toll
The EV start-up, once valued at $30 billion, now plans to sell its assets through an auction. Read what went wrong with the ...
Embattled EV maker Nikola files for Chapter 11 bankruptcy protection
Nikola – a once popular auto startup of investors – filed for bankruptcy protection after failing to secure a buyer or raise ...
U.S. State Department Pauses Plan to Spend $400M on Armored Teslas
A federal document listing planned purchases for 2025 removed Tesla's name on a proposed contract before sidelining the deal ...
Electrek21h
Toyota steps in to support Michigan EV battery plant with $1.5B order after GM backs out
In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM ...