The Latest Breaking News from Nikola

Like all other startup EV companies, Lucid Group has failed to live up to the hype. While the company might not be headed for bankruptcy, it needs to prove itself by achieving scale and profitability.

The show is pretty much over for Nikola Motors. After a tumultuous few years, the company filed for Chapter 11 bankruptcy this February. It's selling off assets to try to satisfy its creditors, so the business is all but dead. Yet if you want a Nikola hydrogen truck, you aren't…

This year, global trade is undergoing major restructuring amid President Trump’s tariffs on America’s trading partners. The historically strong transatlantic partnership between the U.S. and Europe is now faltering amid the trade war. China might be looking for ways to pull Europe closer, especially with regard to electric vehicles.

The near-term outlook for the once high-flying electric vehicle industry looks hazy at best and more bankruptcies can be expected.