21 Articles
Sep 21, 2020 Official
New policies in China will support hydrogen vehicle sales

Toyota and Hyundai have already announced launch plans for hydrogen vehicles in China

China, the world's biggest automobile market, rolled out fresh policies to support hydrogen fuel cell vehicles to improve the industry's supply chain and technologies, the finance ministry said on Monday. China is also the world's largest market for new energy vehicles (NEVs), which include battery electric vehicles as well as plug-in hybrid and hydrogen fuel cell vehicles. While previous policies to support NEV makers had offered subsidies on sales, the fresh rollout will require local govern

Reuters
Sep 21, 2020 Report
Nikola founder Trevor Milton resigns after big GM deal, accusations of fraud

Former GM Vice Chairman Stephen Girsky will replace Milton

Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud - just two weeks after signing a $2 billion partnership with General Motors. The company said late Sunday that Trevor Milton resigned and the departing executive chairman said he would defend himself against accusations that the company made false claims about its vehicles, allegations Nikola rejects. Milton said in a message to Nikola employees that he

Associated Press
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