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 ...

NIKOLA FOUNDER AND EXECUTIVE CHAIRMAN TREVOR MILTON RESIGNS AMID FRAUD ALLEGATIONS

Highlights

• Trevor Milton is his statement said Nikola is truly in his blood and always will be, and the focus should be on the company and its world-changing mission and not him, hence he made the difficult decision to approach the board and volunteer to step aside as executive c...

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...

HINDENBURG RESEARCH ALLEGES NIKOLA IS AN INTRICATE FRAUD, TRUCK MAKER DENIES ALL CLAIMS

Hindenburg Research, a short-selling investment firm has accused the buzzing electric truck maker company Nikola of lying for about its products and deals with other companies for years. Hindenburg Research in its report that was published on Thursday has accused Nikola founder and present-day ex...

GENERAL MOTORS ACQUIRES STAKE WORTH $2 BILLION IN ELECTRIC-VEHICLE MAKER NIKOLA

Highlights

• General Motors will purchase an equity stake of 11 percent in Nikola

• Nikola was founded in the year 2015 and aims on manufacturing zero-emission big rigs with the help of hydrogen fuel technology

• GM will nominate one director to the bo...

THE ELECTRIC CAR INVENTOR – TESLA INC.

Highlights –

         • The electric inventor – Tesla Inc.

         • American electric-automobile manufacturer; named after Serbian American inventor Nikola ...