Nikola Cannibalized a Ford for Hyped Badger Electric Pickup, Jury Told
A Nikola Corp. prototype of the electric vehicle startup’s planned Badger pickup truck was made partly of components from a Ford Motor Co. F-150 Raptor, the jury in the criminal trial of Nikola founder Trevor Milton was told.
Nikola Whistleblower Made $600,000 Off Short Sale, Jury Told
A former Nikola Corp. contractor whose allegations of fraud at the electric truck company helped spur a criminal investigation told a federal jury he made $600,000 off a short seller’s report on Nikola.
Biden Touts EVs at Detroit Auto Show
DETROIT — President Joe Biden, a gearhead with his own vintage Corvette, is showcasing his administration’s efforts to promote electric vehicles during a visit Sept. 14 to the Detroit auto show.
Pennsylvania Turnpike Explores Electrified Road Services for EVs
The Pennsylvania Turnpike is jumping into solar energy production to power its maintenance and office buildings with a long-term goal: using solar-generated power to electrify portions of the toll road so electric vehicles can charge as they travel.
North Carolina Wins Wolfspeed Semiconductor Materials Plant
RALEIGH, N.C. — A North Carolina-based semiconductor company announced Sept. 9 it will build a $5 billion manufacturing plant in its home state to produce silicon carbide wafers, which is emerging as a favored part for renewable energy products and electric vehicles.
GM Bets on EVs for the Masses With $30,000 SUV
GM expects to make the electric model of its popular Chevrolet Equinox SUV available for sale in about a year with a $30,000 price tag.
Nikola Announces Leadership Changes, Moves Ahead With Acquisition of Romeo Power
Nikola Corp. made announcements regarding leadership changes and its proceeding with acquiring an energy-storage technology company.
Tesla Split Will Struggle to Feed $280 Billion Rally
After a $280 billion rally since late May, Tesla Inc. is using a trusted method for fueling further gains — a stock split. It may not pan out like that.
Polestar to Share Battery Tech With Boat Maker
Electric carmaker Polestar Automotive Holding has agreed to share battery technology with Candela Speed Boat AB, a startup trying to electrify leisure boats and water taxis.
VW, Mercedes Line Up Tariff-Friendly Battery Supplies in Deal With Canada
Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.