Nikola files for Chapter 11 bankruptcy protection
Nikola, a Phoenix-based manufacturer of zero-emissions trucks, announced it will pursue an auction and sale process for its assets as it grapples with ongoing financial difficulties. The post Nikola files for Chapter 11 bankruptcy protection appeared first on FreightWaves.
Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile scandal and a recall that rocked the company to its core, Nikola says it ...
Nikola starts Chapter 11 bankruptcy and asset sale proceedings with about $47 million in cash to maintain operations, ...
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