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The EV truck company's stock is trading down over 99% from its peak price.
2005 - Hyundai Tucson FCEV [38] 2014 - Hyundai Intrado [39] 2022 - Hyundai N Vision 74; Maxus: 2019 - Maxus G20FC - multi purpose vehicle (MPV) [40] Mazda: 1997 - Mazda Demio FCEV [41] 2001 - Mazda Premacy FCEV (uses Reformed methanol fuel cell) [42] Mitsubishi: 2004 - Mitsubishi FCV; Morgan LIFEcar. Morgan: 2005 - Morgan LIFEcar; Nissan: 2012 ...
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Nikola's share price has declined 87% over the past year, and declined 50% over the past three months alone. Much of that was driven by the company overpromising and drastically underdelivering.
In November 2018, the company unveiled a Nikola Tre hydrogen-powered semi-truck concept aimed at the European market. [81] The hydrogen ICE Tre was also stated to be targeted for the Australian and Asian markets. [82] Nikola said the Tre concept was to have 500 to 1,000 horsepower (370 to 750 kW) and a range of 310 to 750 miles (500 to 1,200 km ...
On September 8, 2020, Nikola and General Motors announced a partnership, which led to an significant increase in the company’s stock price. [ 25 ] On September 10, 2020, two days after Nikola established ties with General Motors, short seller Hindenburg Research released a report accusing Milton of making false statements and calling the ...