Mercedes Benz

Nikola Corporation, an American electric vehicle and hydrogen fuel cell truck manufacturer, has been facing a number of challenges in recent times, including lower-than-expected demand for its products. The company has faced a number of controversies and setbacks, including allegations of fraud and a canceled deal with General Motors. In February 2021, Nikola reported that it had received 14,000 pre-orders for its Badger electric pickup truck. However, in September 2021, the company announced that it was canceling the Badger and would instead focus on its core business of developing hydrogen fuel cell trucks. This decision was likely influenced by the fact that the company had struggled to find a partner to help it produce the Badger. Nikola's flagship product is the Tre, a Class 8 hydrogen fuel cell truck that the company is developing in partnership with European truck manufacturer Iveco. However, demand for the Tre has been slow to materialize, with the company reporti...