Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production

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Following a hint that this was coming during its Q1 2023 earnings report, Nikola Corporation shared a business update that includes plans for decreased cash usage and a “reorganizing” of its workforce. The EV startup is prioritizing the North American market as it looks to lean down and optimize to ensure the continued production of its zero-emissions trucks.

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The post Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production appeared first on Electrek.

Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production

/in /by

Following a hint that this was coming during its Q1 2023 earnings report, Nikola Corporation shared a business update that includes plans for decreased cash usage and a “reorganizing” of its workforce. The EV startup is prioritizing the North American market as it looks to lean down and optimize to ensure the continued production of its zero-emissions trucks.

more…

The post Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production appeared first on Electrek.

Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production

/in /by

Following a hint that this was coming during its Q1 2023 earnings report, Nikola Corporation shared a business update that includes plans for decreased cash usage and a “reorganizing” of its workforce. The EV startup is prioritizing the North American market as it looks to lean down and optimize to ensure the continued production of its zero-emissions trucks.

more…

The post Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production appeared first on Electrek.

Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production

/in /by

Following a hint that this was coming during its Q1 2023 earnings report, Nikola Corporation shared a business update that includes plans for decreased cash usage and a “reorganizing” of its workforce. The EV startup is prioritizing the North American market as it looks to lean down and optimize to ensure the continued production of its zero-emissions trucks.

more…

The post Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production appeared first on Electrek.

Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production

/in /by

Following a hint that this was coming during its Q1 2023 earnings report, Nikola Corporation shared a business update that includes plans for decreased cash usage and a “reorganizing” of its workforce. The EV startup is prioritizing the North American market as it looks to lean down and optimize to ensure the continued production of its zero-emissions trucks.

more…

The post Nikola (NKLA) to wean down spending, cut staff to optimize zero-emission truck production appeared first on Electrek.

Volkswagen Group hits 1 million mark in MEB-based EV production milestone

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The Volkswagen Group hit a milestone after revealing 1 million electric vehicles have been produced on its MEB electric car platform.

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The post Volkswagen Group hits 1 million mark in MEB-based EV production milestone appeared first on Electrek.

Podcast: Tesla Cybertruck wrap, steer-by-wire, Rivian news, and more

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On the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss a Tesla Cybertruck prototype with camouflage wrap, Tesla’s steer-by-wire patent, a few Rivian news, and more.

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The post Podcast: Tesla Cybertruck wrap, steer-by-wire, Rivian news, and more appeared first on Electrek.

BLACK+DECKER’s 20V MAX cordless hedge trimmer sees first discount since February to $70 in New Green Deals

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Now that summer is under a week away, it’s time to really think about how to make your yard stand out when guests arrive. One way to do that is keeping your hedges trimmed, but you probably want to ditch the gas-powered hedge trimmer you have in the garage. Today, we’re talking about , which is cordless and powered by a 20V battery. This allows it to be lighter, easier to use, and also costs just $70. We also have a wide selection of Tesla and e-bike discounts in today’s New Green Deals, so you won’t want to miss that either.

Head below for other New Green Deals that we’ve found today and of course Electrek’s best EV buying and leasing deals. Also

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The post BLACK+DECKER’s 20V MAX cordless hedge trimmer sees first discount since February to $70 in New Green Deals appeared first on Electrek.

Toyota secures $850M from Japan to fuel EV battery tech plans

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To accelerate domestic battery output and establish a reliable supply chain, Japan is awarding nearly 120 billion yen ($847 million) to fuel Toyota’s newly revealed EV battery tech strategy.

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The post Toyota secures $850M from Japan to fuel EV battery tech plans appeared first on Electrek.

Rivian is prioritizing R1S production with robust demand into 2024

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EV startup Rivian (RIVN) is gearing up to accelerate production of its first electric SUV, the Rivian R1S, with robust demand going into next year.

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The post Rivian is prioritizing R1S production with robust demand into 2024 appeared first on Electrek.