Arizona-based EV builder Nikola files for chapter 11 bankruptcy
The electric vehicle startup Nikola has filed for bankruptcy protections after it failed to secure new money or locate a buyer to keep operating.
Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy
On Wednesday, the electric vehicle maker — which paid $125 million to settle claims it misled investors — said it is seeking an auction and sale process of its assets.
Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
EV automaker Nikola files for Chapter 11 bankruptcy
Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile scandal and a recall that rocked the company to its core, Nikola says it only has about $47 million in cash on hand.
Nikola files for Chapter 11 bankruptcy protection, seeks quick asset sale
The struggling zero-emission OEM has faced increasing financial struggles since bursting on the scene with electric and fuel cell Class 8 tractors. With dwindling cash on
Troubled electric vehicle maker Nikola files for bankruptcy protection
Troubled electric vehicle maker Nikola is filing for for Chapter 11 bankruptcy protection. The company, once a rising star on Wall Street, became enmeshed in scandal and its founder was convicted in 2022 for misleading investors about its capabilities.
Electric truck startup Nikola files for bankruptcy
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for bankruptcy Wednesday.
Another EV Maker Files for Bankruptcy Amid Industry Struggles
Electric truck maker Nikola Corp. was valued at over $30 billion in 2020, but has since faced financial and production struggles, as well as a scandal involving its founder and former CEO.
EV maker Nikola files for Chapter 11 bankruptcy protection
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.
Nikola, electric truck maker, files for bankruptcy
PHOENIX — Nikola, the once-booming electric vehicle company headquartered in Phoenix, filed for Chapter 11 bankruptcy protection Wednesday morning.
Tesla rival Nikola files for Chapter 11 bankruptcy citing dire electric vehicle market
Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part of a struggling market.
Rivian Automotive Stock Falls as EV Maker's Delivery Estimates Come Up Short
Key Takeaways Rivian Automotive predicted 2025 deliveries below analysts' estimates.Like electric truckmaker Nikola, which ...
Nikola went from $30bn EV hope to bankrupt penny stock in just five years – what went wrong?
ANALYSIS: Hydrogen as well as battery-pack fuelled trucks were the big plan for Nikola but they got only 400 onto the road ...