Nikola Motors

Update: Nikola Motors’ Trevor Milton makes resignation official

Nikola executive chair with Budweiser Clydesdales

On late Sunday night, FreightWaves broke the story of Trevor Milton voluntarily stepping down from the Nikola Motors (NASDAQ:NKLA) board. A few hours later, Nikola Motors made the resignation official in a press release:

Nikola Corporation (NASDAQ: NKLA) today announced that Trevor Milton approached the Board of Directors and proposed to voluntarily step aside as Executive Chairman and from the Board. The Board accepted his proposal, and Stephen Girsky, former Vice Chairman of General Motors...

https://s29755.pcdn.co/news/update-nikola-motors-trevor-milton-makes-resignation-official

Tesla’s Musk miffed over fellow billionaire’s takedown of electric trucks

Elon Musk is not happy with Bill Gates.

Three weeks after the Microsoft (MFST) co-founder raised questions in a blog post about the viability of electric trucks, the Tesla (TSLA) CEO said he thinks Gates “has no clue.”

In a tweet posted Saturday, Musk, the world’s fourth-richest man, expressed his feelings about the man two rungs up that ladder dissing electric vehicles.


He has no clue

— Elon Musk (@elonmusk) September 12, 2020

Startups playing defense

Musk’s retort comes as another electric...

https://www.freightwaves.com/news/teslas-musk-miffed-over-fellow-billionaires-takedown-of-electric-trucks

The Daily Dash: GM, Nikola and fuel cells; why trucking’s AB5 exemption could be in jeopardy

Nikola Two hydrogen fuel cell truck

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, General Motors and Nikola Corp. strike a deal for fuel cells and production of Nikola’s Badger pickup. Plus, diesel engines have been a big winner from the fallout of the Volkswagen diesel emissions scandal, and trucking’s exemption from AB5 could be at risk.

GM, Nikola strike a deal

General Motors will supply fuel cells and advanced batteries for Nikola Corp.’s Class 7 and 8 trucks. GM will also...

https://s29755.pcdn.co/news/gm-and-nikola-strike-fuel-cell-deal-and-californias-ab5-back-in-court

Anheuser-Busch pits renewable natural gas-chugging trucks against climate change

Anheuser-Busch
  • Anheuser-Busch is transitioning 180 trucks to renewable natural gas (RNG).
  • RNG is gaining traction as a clean-burning diesel alternative even as emissions regulations increasingly favor electric trucks.

Ever since Anheuser-Busch launched a new sustainability initiative two years ago, the brewing company has pursued a decidedly fuel-agnostic approach to reducing greenhouse gas emissions in its transportation and logistics division.

Among its commitments are an order for 800 hydrogen fuel...

https://s29755.pcdn.co/news/180-anheuser-busch-trucks-to-chug-renewable-natural-gas

The Daily Dash: Zero-emission truck push is on, C.H. Robinson & Microsoft team up, and the vision of Nikola Tesla

Freightliner eM2 electric truck

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, 15 states are banding together to accelerate the adoption of zero-emissions trucks, plus C.H. Robinson and Microsoft team up to digitize the supply chain, and what did Nikola Tesla really know?

States band together to cut emissions

Fifteen states as well as the District of Columbia have banded together in a promise to reduce greenhouse gas emissions from commercial vehicles. The plan, which calls for...

https://s29755.pcdn.co/news/the-daily-dash:-zero-emission-truck-push-is-on,-ch-robinson-&-microsoft-team-up,-and-the-vision-of-nikola-tesla

Nikola begins Badger electric pickup marketing push

Nikola Badger electric pickup

Let the marketing begin.

Nikola Corp. (NASDAQ: NKLA) likely won’t have its Badger battery-electric pickup with a fuel cell range extender for sale until 2022. But it began taking orders Monday, offering to match $5,000 deposits and guaranteeing an invitation to a reveal party in December.

With a truck giveaway, Nikola is sweetening the pitch used by and rival Tesla (NASDAQ: TSLA). The industry-leading electric car maker took deposits on hundreds of thousands of its Model 3 sedans during the...

https://s29755.pcdn.co/news/nikola-begins-badger-electric-pickup-marketing-push

Will Nikola’s breakout chart path for other high-tech startups?

Nikola Badger electric pickup truck

As shares in electric truck startup Nikola Corp. (NASDAQ: NKLA) surge, a banker who ran the book on the company’s reverse merger said similarly structured public offerings in clean transportation are likely this year.

Nikola went public on June 4 following a merger with VectoIQ, a “blank check” company created specifically to invest in Nikola, which it chose from more than 100 companies it examined over two years. The official term is Special Purpose Acquisition Company (SPAC).

Nikola shares...

https://s29755.pcdn.co/news/will-nikolas-breakout-chart-path-for-other-high-tech-startups

Daimler Trucks sets up fuel cell subsidiary

Daimler Truck fuel cell leaders

Daimler Truck AG is assembling its fuel cell expertise in a new subsidiary as a forerunner to a 50-50 joint venture with rival Volvo AB that will make fuel cell-powered backup systems for data centers and eventually hydrogen-fueled heavy-duty trucks.

“We will now bring together the great expertise and enormous wealth of experience from several decades of development work on fuel cells at Daimler – and combine it with the right know-how in connection with trucks,” Daimler Truck AG Chairman Martin...

https://s29755.pcdn.co/news/daimler-trucks-sets-up-fuel-cell-subsidiary

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