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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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xos

Canada, Xos delivers three electric stepvans to FedEx

FedEx Ground Operators work as FedEx Corporation independent service providers (ISPs). With this delivery, Cutone becomes Xos’ first Canada-based customer. Additionally, four battery-electric vehicles have been recently delivered in the U.S. to return customer Loomis, a leading cash-handling company...
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