Together with its financial and legal advisors, Nikola assessed “available and credible alternatives” that would allow it to keep the business going, but it has now concluded that a “structured sale process” of its assets would be the best way to return money to its stakeholders.

GTS Group will sell Nikola’s battery electric and fuel cell electric trucks from its Californian dealership, providing services and supporting customers in applying for state and federal incentives.

Tom’s Truck Center in Santa Fe Springs is located on Interstate 5, which connects California to Washington and runs through the Los Angeles County.

Sourcewell is a U.S. government agency which handles procurement on behalf of more than 50,000 participating entities.

The ‘Hyla’-branded fuel station was opened at the end of July in Etobicoke, a district within the city of Toronto.

There was plenty to report from the 2024 edition of the Advanced Clean Transportation (ACT) Expo held at the Las Vegas Convention Center between May 20-23.

The Nikola ‘Tre FCEV’ trucks will serve AiLO in drayage operations in the Ports of Los Angeles and Long Beach.

“The 5,000 Hydrogen Vehicle Challenge”, a government programme which supported the development of the fuel station, says the opening of the station on Highway 2 marked a “significant milestone” in its project to put 5,000 hydrogen or dual fuel vehicles on the road in Alberta province.

Okray joins the company from Eaton, where he served as Executive Vice President and CFO.

Tully is Co-Founder and Vice Chair of Earthrise Energy, an energy company based in the USA.

Nikola claims that, by navigating to “what3words addresses”, drivers will find their destinations more easily – particularly in cases where a single conventional address has multiple entrances and drop-off points.

Nikola claims that the nominees were put forward by an entity controlled by company founder Trevor Milton, who was sentenced late last year on one count of securities fraud and two counts of wire fraud while acting as Executive Chairman of Nikola.