Nikola, an EV startup once valued higher than Ford, has filed for Chapter 11 bankruptcy. In the wake of a high-profile ...

Nikola starts Chapter 11 bankruptcy and asset sale proceedings with about $47 million in cash to maintain operations, ...

Nikola Corp. plans to lay off 855 workers between its Phoenix headquarters and Coolidge manufacturing facility as the ...

The American company, the former CEO of which went to prison for fraud, will seek to sell off most or all of its assets ...

The EV startup planned to build electric and hydrogen trucks but struggled to deliver enough vehicles to turn any profit, resulting in the Chapter 11 filing.

Rivian Automotive is expanding its commercial electric van sales to all U.S. businesses, a shift in the company’s strategy ...

Around 1,000 employees are expected to lose their jobs as the company winds down operations and seeks a buyer for its ...

Renting is Still More Affordable Than Buying in All but Two Major U.S. Metros <br According= to= the= Realtor®= Janu ...

Rivian Automotive shares fell Friday, a day after the company predicted 2025 deliveries below analysts' estimates.

With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help ...

The less-than-truckload division is churning through too many profitable customers and wants to densify its network. Its parent company’s boss doesn’t see the market lending ...