Northvolt AB filed for bankruptcy protection in the US after failing to secure a lifeline for its battery-cell business in a faltering market for electric vehicles. The Swedish company filed for Chapter 11Read More
Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. Tweet on Trevor Milton’s sentence for fraud Nikola founderRead More
Shares of electric-vehicle maker Nikola dropped after the company said its chief executive would step down, to be replaced by its chairman. Nikola stock finished Friday off 26%. The company said Michael LohschellerRead More
