Mercedes Motors Into the Electric Truck Competition, Nikola Under Fire

Mercedes Motors Into the Electric Truck Competition, Nikola Under Fire

The competition in the electric truck market is getting tougher with the entry this week of German auto giant Daimler, which rolled out on Tuesday two new trucks set to compete with Nikola in the commercial hauling space, Forbes reported

Why This Matters:  Large Trucks — particularly those that run on dirty diesel fuel — are a big source of greenhouse gas emissions.

Continue Reading 442 words
GM’s Big Electric Truck Deal click button

GM’s Big Electric Truck Deal

General Motors formally teamed up with Nikola Motors, inking a deal yesterday to help the electric-truck startup to develop and manufacture new electric truck models, in exchange for an 11% stake in Nikola Corp, The Wall Street Journal reported.  Both company’s stock prices jumped after the announcement showing that investors are still sweet on big […]

Continue Reading 436 words

Want the planet in your inbox?

Subscribe to the email that top lawmakers, renowned scientists, and thousands of concerned citizens turn to each morning for the latest environmental news and analysis.