Nikola Announces Q2 Battery-electric Truck Deliveries
(RTTNews) - Nikola Corp. (NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced Wednesday its quarterly deliveries for its battery-electric truck, with wholesale of 45 trucks and retail of 66 trucks in the quarter ended June 30, 2023.
Nikola continues its refocused plan of concentration on the North American market, reducing costs and producing the highest-quality Class 8 zero-emission trucks available today.
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Nikola Founder Trevor Milton Gets 4-year Prison For Fraud
Nikola Corp.'s founder Trevor Milton was sentenced to four years in prison for making false and misleading statements to retail investors to drive investor demand. He was also fined $1 million, and three years of supervised release. As per reports, he could be forced to forfeit property as part of his sentence. Judge Edgar Ramos reportedly allowed Milton to remain free on bail while he appeals...
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393 days ago
Nikola Appoints Mary Chan As Chief Operating Officer
Nikola Corp. (NKLA) announced Monday the appointment of Mary Chan as Chief Operating Officer (COO), effective October 9, 2023. Chan will lead the company's engineering, program, product, supply chain, and manufacturing teams.
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484 days ago
Nikola To Expand Dealer Network Into Canada For Class 8 Truck Sales And Service Coverage
Nikola Corp. (NKLA) announced Friday an expansion of its dealer network into Canada for its Class 8 truck sales and service coverage with the addition of ITD Industries Inc., an industry leading commercial trailer manufacturer and technology business headquartered in Toronto, Ontario.
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487 days ago
Nikola Promotes Michael Lohscheller To Succeed Mark Russell As President And CEO
Energy infrastructure firm Nikola Corp. (NKLA) announced Wednesday that Chief Executive Officer and President Mark Russell will retire, effective January 1, 2023. The company has promoted current Nikola Motor President Michael Lohscheller to succeed Russell.
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888 days ago
Yen Rises As BoJ Governor Ueda Signals Rate Hike
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, after Bank of Japan Governor Kazuo Ueda signaled raising interest rates at next week's meeting.
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5h 14min ago
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK and industrial production from the euro area are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for December. Inflation is forecast to remain unchanged at 2.6 percent.
Economists forecast output prices to remain flat on year, following a 0.6 percent drop in November.
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5h 48min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.
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5h 56min ago
European Shares Seen Modestly Higher At Open; US CPI Data Eyed
European stocks may see modest gains at open on Wednesday as investors await the U.S. consumer price index (CPI) report for December 2024 later in the day for clues on the path of Federal Reserve policy.
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7h 4min ago
