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Nikola in need of new source of money to continue its business

Media reports say that the manufacturer has got the money to survive no longer than one quarter in 2025. Nikola managed to sell something like 200 hydrogen fuel cell trucks in the first 3 quarters of the year. At the same time, the company has been facing trouble for quite a long time, with the need...
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batteries

Changes in Proterra top management. Gareth Joyce to become CEO

«I am excited to lead this great organization and build on the momentum we have created. I know first-hand how our technology and the purpose-driven nature of our company have set Proterra apart from our peers and positioned us for long-term success», said Mr Joyce. Additionally, Proterra announced ...
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Li-Cycle and Arrival to cooperate on lithium-ion battery recycling

By utilizing Li-Cycle’s breakthrough, commercial lithium-ion battery recycling technologies, end-of-life batteries from Arrival’s EV fleets in the U.S.A and Europe can be transformed into battery grade material that could be used in the production of new batteries for new Arrival vehicles.
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