(Nikola) Nikola Corporation will invest $50 million in cash and stock in Wabash Valley Resources for a clean hydrogen project. Nikola will have a 20% equity stake in the project,…
Nikola shares fell by more than 24% after the company announced a reworked agreement on fuel-cell partnership with General Motors on Monday, according to Reuters. The partnership eliminates an equity…
Vehicle recalls and investigations are facing major electric vehicle (EV) makers worldwide, according to Reuters. The EV makers are facing challenges after a series of fires from overheating batteries in…