Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-trucks, the short-haul Nikola Tre and Nikola Two sleeper. “This announcement is the result of a multi-year working relationship with Bosch,” Nikola CEO Mark Russell said […]
Nikola founder Trevor Milton indicted on three counts of fraud
Milton ‘engaged in a fraudulent scheme to deceive retail investors’ for his own personal benefit, according to the federal indictment unsealed by U.S. Attorney’s Office in Manhattan.