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Californian EV maker Lucid to acquire Nikola’s production assets

Nikola's HQs were in Phoenix, Arizona, close to the vehicle production site. More into details, As part of the agreement, Lucid will take over Nikola's former Coolidge manufacturing facility, as well as the Phoenix facility, previously used as Nikola's headquarters and product development center. Al...
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EV battery maker Northvolt files for bankruptcy in Sweden

"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...

Isuzu plans new commercial vehicle production facility in South Carolina

According to Isuzu, the new production plant is expected to employ more than 700 people, with an annual production capacity of approximately 50,000 vehicles by 2030. The Japanese company's will is to produce both electric commercial vehicles and ICE commercial vehicles at the premises to be opened i...
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Californian EV maker Lucid to acquire Nikola’s production assets

Nikola's HQs were in Phoenix, Arizona, close to the vehicle production site. More into details, As part of the agreement, Lucid will take over Nikola's former Coolidge manufacturing facility, as well as the Phoenix facility, previously used as Nikola's headquarters and product development center. Al...
News

EV battery maker Northvolt files for bankruptcy in Sweden

"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...

Isuzu plans new commercial vehicle production facility in South Carolina

According to Isuzu, the new production plant is expected to employ more than 700 people, with an annual production capacity of approximately 50,000 vehicles by 2030. The Japanese company's will is to produce both electric commercial vehicles and ICE commercial vehicles at the premises to be opened i...
News
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