Nikola Corporation @ 2023-08-15

News Title: Nikola shares fall after EV maker recalls all of its battery-electric semitrucks following a fire
Description: Nikola is recalling all 209 of its battery-electric semitrucks after a June fire was traced to a truck’s battery pack.
News Sentiment: 0.0 (Neutral)

Nikola Corporation

Sector: Industrials

Industry: Farm & Heavy Construction Machinery

Full Time Employees: 1500


Long Business Summary:

Nikola Corporation operates as a technology innovator and integrator that develops energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery electric vehicles (BEV) and hydrogen fuel cell electric vehicles (FCEV) to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation founded in 2015 and is headquartered in Phoenix, Arizona.

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Nikola Corporation
Nikola Corporation

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Nikola Corporation
Nikola Corporation

Suggested Currency Pair: USD/JPY

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