Electric vehicles take the driver's seat at 2025 Chicago Auto Show 02:32. Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...

Nikola’s disgraced founder Trevor Milton is being forced to pay $165 million and interest back to the hydrogen and electric semi-truck maker after he made fraudulent c ...

Troubled Phoenix-based electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.

Nikola’s bankruptcy auction concluded on April 10. A federal judge still must oversee the rest of the process. As Lucid ramps up to produce a new electric SUV, the Gravity, and prepare for other ...

Nikola convinced the court to block Milton from inspecting its factory and other assets in person ahead of the auction, which was held April 7. Lucid has its own factory in nearby Casa Grande, ...