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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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electric trucks

Lightning eMotors EVs to rely on CATL battery systems. Partnership announced

CATL battery products will be available to Lightning in two pack options – a 30 kWh battery and 35 kWh battery – for a total of more than 175 megawatt-hours of battery capacity. Additionally, Lightning eMotors is working with CATL and CSI to design and install contactor safety switch systems on CATL...
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