Nikola, CNH building electric truck prototypes, targeting launch at the end of 2021

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Hindenburg had shorted the stock last week and said it had gathered enough evidence to show Nikola founder Trevor Milton made false statements about possessing proprietary technology to form partnerships with large automakers. Hindenburg had also alleged that a seemingly functional truck, Nikola One, was “simply filmed rolling down a big hill” in 2017. Nikola said on Monday it never stated the truck was driving “under its own propulsion” and investors at that time were aware of its technical c

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Nikola, CNH building electric truck prototypes, targeting launch at the end of 2021 originally appeared on Autoblog on Mon, 14 Sep 2020 17:33:00 EDT. Please see our terms for use of feeds.

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