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WeWork Crisis Prompted Nikola's Pivot On Going Public
Wednesday, March 4, 2020 - 10:09am | 943After shunning public ownership because reporting quarterly financials didn't mesh with its business, fuel cell trucking startup Nikola Corp. pivoted Tuesday to merge with VectoIQ, a NASDAQ-listed investment fund that will replace private equity scared off by poorly managed startups. "WeWork...
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Additional Suppliers Reveal Investments In Nikola's Fuel Cell-Electric Trucks
Thursday, September 5, 2019 - 5:01pm | 461More of the money behind Nikola Corporation's plans to produce hydrogen-powered fuel cell electric Class 8 trucks is being revealed. On September 3, London-based CNH Industrial revealed that it was leading Nikola's Series D fundraising round. On Thursday, September 5, Nikola said German...
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Nikola Secures Gold And Silver Project Of The Year Award
Saturday, June 15, 2019 - 1:01pm | 395Area Developmentmagazine has named trucking startup Nikola Motor one of its Gold & Silver Shovel 2019 projects of the year. The annual awards recognize states for their achievements in attracting investment projects that will create a significant number of new jobs in their communities. Five...
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How A Nikola Exec Went From 'Oil Brat' To Zero Emissions
Wednesday, May 8, 2019 - 11:22am | 486Long before she joined a company developing zero-emissions trucks, oil featured prominently in Elizabeth Fretheim's life. She lived in six countries by the age of seven because of her father's work in the industry. "I was an oil brat," the head of business development at Nikola...
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Nikola Gets The Credit, But It's The Suppliers That Make The Nikola Two
Monday, April 22, 2019 - 11:28am | 1206One of the underlying themes that Nikola Motor Company founder & CEO Trevor Milton hammered home during a two-day public reveal of Nikola's emissions-free future at Nikola World 2019 was the amount of cooperation the company has received from suppliers. Milton, in essence, admitted that...
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Nikola World 2019: Photos From The Unveiling Of The Hydrogen-Electric Truck
Thursday, April 18, 2019 - 3:30pm | 3881Nikola Motor Company formally introduced its hydrogen-electric tractors, the Nikola Two and Nikola Tre (for Europe) at Nikola World 2019 in Scottsdale, Arizona on April 16-17, 2019. The company also is bringing to market other zero-emissions vehicles, including a wave runner, an off-road...
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Nikola Motor Founder Trevor Milton: "I Wanted To Build The Locomotive Semi-Truck"
Thursday, April 18, 2019 - 11:48am | 1416Nikola Motor Company has made a large splash in the commercial vehicle space as it tries to prove that diesel fuel is not the only power source for moving goods across the country. Its Nikola hydrogen-electric tractors, formally introduced for the world to see and touch at Nikola World...
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Want A Nikola Hydrogen-Electric Truck? You Will Have To Wait
Wednesday, April 17, 2019 - 11:06am | 617The outpouring of support for the Nikola Motor hydrogen-electric truck has been tremendous, the company said, and based on reactions on April 16, 2019, at the official unveiling of the Nikola Two at Nikola World 2019, orders could be pouring in from customers hoping to be among the first to drive...
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ValueAct Capital Management Believes Nikola Motor Company Is A Gamechanger In The Freight Industry
Tuesday, April 16, 2019 - 1:01pm | 669Jeff Ubben, CEO of San Francisco-based investment firm ValueAct Capital Management, revealed that the firm has invested $30 million to $40 million in hydrogen-electric transport startup Nikola Motor Company in its last raised investment round. Notably, Nikola has set its sights on another round...