La promesa de flete de cero emisiones ha sufrido un gran revés con la bancarrota de Nikola Corp. Una empresa que una vez se posicionó como disruptor en la industria del transporte de transporte está muriendo una muerte lenta. El fabricante de camiones eléctrico e hidrógeno, una vez anunciado como...
Nikola Corporation
Nikola’s Bankruptcy a Reality Check for Diesel Alternatives
The promise of zero-emission freight has suffered a big setback with Nikola Corp.’s bankruptcy. A company that once positioned itself as a disruptor in the trucking industry is dying a slow death. The electric- and hydrogen-powered truck manufacturer, once heralded as the Tesla of trucking, struggled with financial instability, supply chain challenges and a series of setbacks that ultimately led to its demise.
But Nikola’s downfall is bigger than just one company. It raises real questions about...
https://www.freightwaves.com/playbook/nikolas-bankruptcy-a-reality-check-for-diesel-alternatives
Para Nikola, la escritura estaba en la pared
El miércoles, Nikola Corp., una vez un favorito de la industria de los vehículos eléctricos, solicitó la protección de bancarrota del Capítulo 11. Este movimiento señaló la culminación de un viaje tumultuoso de una empresa valorada en $ 26 mil millones en 2020 a uno que ahora busca liquidar activos...
https://fullavantenews.com/para-nikola-la-escritura-estaba-en-la-pared/?lang=es
For Nikola, the writing was on the wall
On Wednesday, Nikola Corp. — once a darling of the electric vehicle industry — filed for Chapter 11 bankruptcy protection.
This move signaled the culmination of a tumultuous journey from a company valued at $26 billion in 2020 to one now seeking to liquidate assets and restructure operations. Its bankruptcy filing paints a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion against liabilities ranging from $1 billion to $10 billion.
As the company...
https://www.freightwaves.com/news/for-nikola-the-writing-was-on-the-wall
Nikola files for Chapter 11 bankruptcy protection
Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after failing to secure a buyer or raise additional capital. The Phoenix-based manufacturer of zero-emissions trucks announced it will pursue an auction and sale process for its assets as it grapples with ongoing financial difficulties.
This marks a dramatic fall for a company that was, at its valuation peak in 2020, briefly worth more than Ford Motor Co.
“Like other companies in the electric vehicle industry, we have faced various...
https://www.freightwaves.com/news/nikola-files-for-chapter-11-bankruptcy-protection
Nikola’s latest hire puts its SPAC sponsors in full control
The hiring of Mary Chan as chief operating officer at Nikola Corp. puts the key players in the special purpose acquisition company that brought the electric truck maker public in charge from the boardroom to the factory.
When Chan takes on the newly created role on Oct. 9, executives of the SPAC sponsor VectorIQ will occupy the chair, CEO and COO roles. She was president, COO and a managing partner at VectorIQ II, a follow-on SPAC that refunded investor money following the bursting of the SPAC...
https://www.freightwaves.com/news/nikolas-latest-hire-puts-its-spac-sponsors-in-full-control
First Nikola battery-electric trucks delivered at Los Angeles port
The Californian logistics provider Total Transportation Services (TTSI) has received two Nikola tree battery-electric vehicle (BEV) zero mission trucks, designed for local deliveries up to 563 kilometres.
The manufacturer of battery-electric vehicles Nikola Corporation delivered the first two trucks at the Port of Los Angeles, as part of TTSI’s order of 100 vehicles in total.
Based on satisfactory completion of the vehicle trials and subject to TTSI obtaining certain government funding, 30 BEVs...
https://container-news.com/first-nikola-battery-electric-trucks-delivered-at-los-angeles-port/
Nikola sets Arizona plant groundbreaking for July 23
Nikola Corp. (NASDAQ: NKLA) will break ground on a plant in Coolidge, Arizona, on July 23 that initially will employ 2,000 workers building battery-electric Class 8 trucks.
Nikola Executive Chairman Trevor Milton on Friday. The plant, which is expected to take 12-18 months to construct, eventually will build 35,000 battery and hydrogen fuel cell electric trucks annually, a Nikola spokeswoman said.
The startup, which became a publicly traded company via a reverse merger on June 4, is competing...
https://s29755.pcdn.co/news/nikola-sets-arizona-plant-groundbreaking-for-july-23