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Electric Vehicle Checkpoint: Jim Cramer on Lordstown Losses, Ford Momentum

(DCRB), (HYLN) - Truck Talk: Hydrogen Rising Edition

(NKLA), Plug Power, Inc (NASDAQ:PLUG) - Why BTIG Is Bullish On Plug Power, Nikola

(NKLA), Plug Power, Inc (NASDAQ:PLUG) - Why BTIG Is Bullish On Plug Power, Nikola
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Electric Vehicle Checkpoint: Ford Stocks Soar Amid Increased EV Investment Plan

Nikola scales production, fueling stations as it books deal for 100 EVs

Dive Brief: Total Transportation Services, a firm in California that services the ports of Los Angeles and Long Beach, signed a letter of intent to order 100 battery-electric vehicles and fuel-cell-electric vehicles from Nikola, the OEM announced Thursday. But in its efforts to scale, Nikola continues to face supply issues, including with batteries. Nikola s battery suppliers are still constrained and aren t yet making commitments for 2022 supply. The OEM has secured enough supply to finish between 50 and 100 Tre BEVs this year, Nikola CEO Mark Russell said during the company s earnings call Friday. Delivery is subject to vehicle trials, as well as whether and when Total Transportation Services can get funding help. Nikola CFO Kim Brady said on the call it was helping to secure government subsidies to help bring the price down. But the goal is to deliver the BEVs next year and start delivering the FCEVs in 2023.

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