Nikola Hydrogen Trucks: The upbeat delivery figures come at a time when the EV industry is facing challenges from waning demand as high interest rates to curb inflation pressure consumers spending budgets, compelling them to opt for cheaper hybrid vehicles.
Nikola Founder Reject: Nikola founder, Trevor Milton, was convicted in October after prosecutors said he became a billionaire by lying to investors since 2019 about the electric- and hydrogen-powered truck maker s technology.