Nikola shares are slumping. A report says the hydrogen-truck maker is nearing bankruptcy.
Nikola shares are tumbling after The Wall Street Journal reported that the once high-flying hydrogen-truck maker is about to file bankruptcy. Photo: Nikola Corp. Shares of Nikola Corp. tumbled Friday after a report surfaced that the hydrogen-truck maker is close to filing bankruptcy.
Hydrogen-Truck Maker Nikola Nears Bankruptcy Filing
Nikola, the much-hyped hydrogen-truck maker that was briefly valued more than Ford Motor, is nearing a bankruptcy filing, according to people familiar with the matter.
Nikola Stock Plunges on Report It’s Nearing Bankruptcy
Hydrogen and electric truck technology company Nikola is nearing a bankruptcy filing, according to The Wall Street Journal.
Nikola stock plunges on bankruptcy concerns
Shares of Nikola Corporation (NASDAQ:NKLA) tumbled 21% in after-hours trading on Thursday following reports that the company is considering bankruptcy. The Phoenix-based hydrogen-truck maker, once briefly surpassing Ford Motor (NYSE:F) in market valuation,
Nikola considering bankruptcy filing: report
Hydrogen-truck maker Nikola (NASDAQ:NKLA) is getting closer to filing for bankruptcy protection, The Wall Street Journal reported Thursday, citing people familiar with the matter. The people reportedly said that the company is working with law firm Pillsbury Winthrop Shaw Pittman to evaluate its options.
Airbus Delays Hydrogen Plane Amid ‘Huge’ Technology Challenges
Airbus SE said that one of its most ambitious projects for future propulsion — using hydrogen to power an aircraft — is ...
EU set to launch joint buying for hydrogen in September
The European Union will launch its joint purchasing platform for critical resources with hydrogen buying in September, three ...
Upstream2h
‘Read the room’: Trump policies prompt acclaimed hydrogen player backed by oil giants to slash workforce by 60%
Houston-based Syzygy Plasmonics backed by Saudi Aramco, Chevron and Equinor says it is ‘adjusting the company to match the ...
techxplore1h
One step closer to the green hydrogen era: New material boosts production efficiency and reduces costs
Researchers in Korea have successfully developed a new material that significantly enhances the efficiency of green hydrogen ...
C&EN1h
Japan strives to make green hydrogen a pillar of its energy mix
The country’s Ministry of Economy, Trade, and Industry announced in December that it will subsidize efforts by Honda and Toyota Motor to increase their production capacity for fuel cells that convert ...
Norway's Hoegh maps out hydrogen delivery plans to Germany
Norwegian shipping firm Hoegh Evi expects to take a final investment decision (FID) this year on an ammonia-derived hydrogen ...
U.K. firm cracks the code to convert harmful methane emissions into useful hydrogen and graphene
Methane is one of the climate-damaging gases emitted by industry, but a British firm has found a way to give it a major makeover.
trains1d
German hydrogen trains experience problems
Germany has more hydrogen-powered trains in use than any other country, but regular operation has been hit by snags leading ...
Pooler approves map amendment for hydrogen fueling station
After a zoning map amendment approval by Pooler City Council, the city will welcome an EV charging station and HydroFleet ...