electric trucks

Biden admin snubs Tesla’s $100 million big-rig charging funding request — again

Transportation /

The Department of Transportation announced Friday another $636 million in funding that will be awarded to 49 applicants for electric vehicle charging infrastructure — and Tesla’s application for nearly $100 million to fund a big rig charging corridor was once again passed over. Tesla’s name was not among the list of recipients released, and its partner […]

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Troubled electric truckmaker Nikola offers up to $100 million in common stock

Transportation /

Nikola Corp., a producer of battery and hydrogen-electric trucks, has taken several steps to repay its debts and raise equity, including offering up to $100 million in a common stock sale.  The beleaguered company is still dealing with the aftershocks of its founder, Trevor Milton, being convicted of fraud for making exaggerated claims about the

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