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NIKOLA SHARES SLUMP 9% AS ITS DEAL WITH REPUBLIC SERVICES END

Highlights

• Nikola in a statement announced that its partnership with Republic Services to jointly develop electric garbage trucks has been terminated

• The share of Nikola was trading 9.83 percent lower on the tech heavy NASDAQ at $15.18

• Mark Russe...

NIKOLA SHARES SLUMP AS GM SCALES BACK STAKE IN IT

Highlights

• The impact of this GM's decision was immediately visible on Nikola shares as they plunged 24.75 percent on 11:12 a.m.

• Nikola Corp was accused of fraud by short-seller Hindenburg and an inquiry was opened by the U.S. Securities and Exchange Commissi...

CHARGEPOINT TO GO PUBLIC BY MERGING WITH SWITCHBACK AT $2.4 BILLION VALUATION

Highlights

• Scott McNeill, Chief Executive Officer, Switchback said that the EV charging industry is accelerating and is expected that charging infrastructure investment will be $190 billion by 2030

• Being ready to be public means that you are investing in scaling ...

ELECTRIC VEHICLE STARTUP NIKOLA TO CRUISE ON LG CHEM AND GM BATTERIES

Nikola, a startup underscoring electric and fuel cell trucks, has plans lined up to augment the vehicles with electric batteries co-developed by South Korea’s LG Chem and its US partner General Motors .
The Arizona-based motor company is anticipated to install the U...

GENERAL MOTORS WILL BE THE FIRST AUTOMAKER TO USE WIRELESS BATTERY MANAGEMENT SYSTEM

Highlights

• This wBMS has been developed with Analog Devices,Inc. will be primary driver of General Motors' ability to power various types of electric vehicles with the help of a common set of battery components

• Henderson said that Analog Devices’ collab...