Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
Nikola to keep up ‘limited operations’ and will pay its employees while it pursues an auction and sale process.
Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...
In 2024, close to 2 Mn EVs were registered across segments marking an almost 29% increase from the previous year.
Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...
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Hydrogen and EV Truck Maker Nikola Is BankruptIt’s been a wild ride for the ambitious maker of large trucks, including a big-dollar deal with GM and a high-profile fraud ...
Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...
Electric vehicle maker Kinetic Green faced a major financial setback in FY24, with its losses widening 11 times to Rs 77 ...
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