Tag: nikola motor
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Nikola awarded $2M U.S. DOE grant for hydrogen refueling tech
Nikola Motor Corporation announced today that it was awarded a $2 million grant from the United States Department of Energy to advance research in future autonomous hydrogen refueling technologies that will advance fueling stations. The company announced the grant earlier today in a press release, highlighting its position to advance autonomous fueling technologies that will…
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Trevor Milton’s indictment should set precedent for other CEOs
This is a preview from our weekly newsletter. Each week I go ‘Beyond the News’ and handcraft a special edition that includes my thoughts on the biggest stories, why it matters, and how it could impact the future. Earlier this week, former Nikola CEO Trevor Milton was indicted on two counts of securities fraud and…
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Tesla’s dominance is causing other companies to adopt a ‘fake it ’til we make it’ strategy
Tesla’s dominance in the automotive sector has proven to be one of the industry’s biggest surprises in its long and storied history. Because of the whirlwind of support that Tesla and its initiatives have received, along with the increasingly dominant numbers that the company displays quarterly, Tesla is undoubtedly the biggest influencer in the car…
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Nikola hands off fuel cell and battery systems to GM in joint venture
Nikola Motor has reached a deal with General Motors that will observe the heritage automaker produce its first pickup truck, even the Badger. GM will hold the duty of engineering the battery and fuel cell electric vehicle variants of Nikola’s introductory passenger vehicle, according to resources. In exchange for its “in-kind services,” GM will receive…
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Tesla’s Elon Musk was offered a truck design by Nikola CEO right after Cybertruck unveiling
Nikola Motors CEO Trevor Milton has offered a more traditional truck design to Elon Musk immediately after his demonstration of Tesla’therefore “Blade Runner” motivated Cybertruck. The unveiling of the Cybertruck brought on polarizing outlooks from across the automotive community. 1 such individual was Nikola Motors CEO Trevor Milton. Taking to Twitter, Milton offered to “donate”…
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Nikola announces $14 million fuel cell lab investment in run-up to Semi-truck event
Tesla Semi Truck rival Nikola Motor Company has announced a $16 million equipment purchase for its hydrogen fuel cell lab, representing an initial investment of several hundred million dollars intended. The laboratory represents a vital part in Nikola’s plan to provide high quality, high-efficiency fuel cell technology at a pace fast enough to satisfy the…
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Tesla Semi competitor Nikola Motor promotes custom OS, 3-yr production estimate
As it continues the growth of its very first hydrogen-electric truck, Tesla Semi rival Nikola Motor posted an update on the software development for its own vehicles. In a post on Twitter, Nikola noted that its custom operating system has gotten to a point where it may be booted in seconds. The truck startup additionally…
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Tesla and rival Nikola listed among most innovative and disruptive companies in freight
This season, the FreightWaves Research Institute conducted a study aimed at deciding which businesses would be definitely the most innovative and disruptive in the logistics and freight industry. By 500 companies, a panel of specialists selected by the institute narrowed the list to 25. These 25 companies reflected the very best the freight and logistics…
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Tesla Semi rival Nikola dubs future fleet as US’ ‘largest air purifiers’ amid hiring ramp
As the Tesla Semi continues to experience real-world testing in preparation for its first creation in 2019, competition startup firm Nikola Motor has claimed that its upcoming fleet will be the United States’ “largest air purifiers,” thanks to their hydrogen fuel cell programs. Nikola’s announcement comes amidst the company’s current initiatives to ramp its hiring…