Hydrogen truckmaker Nikola rolling downhill toward bankruptcy?

It looks like it is further going downhill with American hydrogen truckmaker Nicola, following a The Wall Street Journal and Bloomberg report that the company is considering Chapter 11 to propose a plan of reorganization to keep its business alive and pay creditors over time. Last week, Nicola (NASDAQ: NKLA) shares tumbled as much as 45% to 41 cents before markets opened in New York on Friday. Continue reading at newmobility.news.

Nikola Files For Chapter 11 Bankruptcy

thedeepdive.ca - 14:56

Troubled EV maker Nikola (NASDAQ: NKLA) has filed for Chapter 11 bankruptcy protection. The Phoenix-based company’s decision follows unsuccessful...

Nikola, Electric Truck Maker, Files for Bankruptcy

the new york times - 13:12

The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.

Troubled electric vehicle maker Nikola files for bankruptcy protection

washingtontimes.com - 13:35

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection.

Boost for ‘Make in India’! iPhone parts maker looks at supply chain shifts toward India

times of india - 10:28

Murata Manufacturing Co. is considering shifting some production to India due to growing demand and business continuity. They plan to begin capacitor...

Airbus warns its hydrogen aircraft to be delayed

newmobility.news - 10/Feb 11:20

European aircraft manufacturer Airbus’s development of the hydrogen aircraft is proceeding slower than expected, it says in a statement to the...

From fairway to highway: how golf ball design improves tire efficiency

newmobility.news - 07/Feb 11:25

Continental has unveiled its latest innovation in tire technology, the EcoContact 7 and 7 S, designed to maximize electric car efficiency and improve...

Markets Tank Over 1% Amid Foreign Fund Exodus; Sensex Crashes 1000 Points

zeenews.india.com - 11/Feb 12:47

Declining for the fifth day running, the 30-share BSE Sensex dropped 1,018.20 points or 1.32 per cent to settle at a two-week low of 76,293.60. During...

Green hydrogen is a clean fuel, but South Africa’s not ready to produce it: energy experts explain why

dailynews.co.za - 12/Feb 08:01

Long Shortz with Lithium Universe: Collaborating on conversion capacity

stockhead.com.au - 13/Feb 02:46

Fraser Palamara chats with Lithium Universe CEO Alex Hanly, who has continued to make headways as it looks toward a ...

Economic Growth Minister Nicola Willis rules nothing out in supermarket reform

rnz.co.nz - 13/Feb 20:07

Even if it means forcing the current duopoly or rolling out the red carpet to an international player with some tweaks to the law.

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