Electric vehicle maker Polestar has secured a 12-month loan facility of up to $450 million, it said on Friday, and would ...
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.
Nikola rode a wave of optimism about EV startups, but after years of scandals and financial troubles, it filed for bankruptcy ...
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...
Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process ...
Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...
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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