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Nikola and Republic Services scrap their electric garbage truck

28-12-2020 4:14pm

#1

Calahonda52

Registered Users Posts: 11,831 ✭✭✭✭

Join Date: January 2015

Posts: 11075

Nikola Motor Company's plans to mass produce garbage trucks for Republic Services, one of the nation's largest waste management service providers, were canceled Wednesday morning, the latest in a string of bad news for the electric truck and hydrogen cell maker.

In August, the company had announced plans to produce as many as 5,000 trucks for Republic Services, which has sought to build a more sustainable fleet of garbage trucks to better meet emissions standards. Nikola's (NKLA) stock shot up 22% after the deal was originally announced.

A pity really
https://edition.cnn.com/2020/12/23/tech/nikola-garbage-truck-canceled/index.html

“I can’t pay my staff or mortgage with instagram likes”.

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#2 29-12-2020 2:43pm

n97 mini

Registered Users Posts: 8,295 ✭✭✭

Join Date: October 2010

Posts: 7950

It and the Badger were distractions. If they don't hurry up and start building class 8 trucks they'll be last to market.

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/* * These styles apply ONLY to the header and footer assets. */ /* * These styles apply ONLY to the header and footer assets. */ /* Nav Area */ .nav-area { position:fixed; /* change back to sticky when we remove marks desktop hack pocket */ width:100%; background:#4f6a9f; border-bottom:1px solid #637faf; top:0; z-index:999999; font: 12px Verdana, Geneva, sans-serif; } #nav { list-style:none; margin:0 auto; padding:0; height:22px; font: 13px Verdana, Geneva, sans-serif; line-height:14px; min-width:956px; max-width:1400px; } #nav > li{ float:left; border-left:1px solid #637faf; border-right:1px solid rgba(0, 0 ,0, 0); position:relative; width: 19.70%; } #nav > li:first-child { margin:0; border-left: 1px solid rgba(0, 0 ,0, 0); z-index:999999; } #nav > li.hover:first-child{ border-left: 1px solid #c8c8c8; z-index:999999; } #nav > li:last-child { margin:0; border-right: 1px solid rgba(0, 0 ,0, 0); z-index:999999; } #nav > li.hover:last-child{ border-right: 1px solid #c8c8c8; z-index:999999; } #nav > .active > a, #nav > li.hover, #nav > li.hover > a { background:#fff z-index:999999;; } #nav > li.navLeftBorder { border-left-color: #c8c8c8; z-index:999999; } #nav > li.navRightBorder { border-right-color: #c8c8c8; z-index:999999; } .navLeftBorder .nav-drop-menu { margin-left: -1px; z-index:999999; } #nav li:hover { position:relative; z-index:999999; } #nav > li > a, #nav > li > span { display:block; text-align:center; padding:4px 6px; height:15px; color:#fcfcfc; z-index:999999; } #nav.scaling-active > li > a, #nav.scaling-active > li > span { padding:4px 0; z-index:999999; } #nav.scaling-active > li.hover > a, #nav.scaling-active > li.hover > span { color:#2E4A80; z-index:999999; } #nav a:hover{ text-decoration:none; z-index:999999; } ul { position: relative; list-style: none; padding: 2px; width:100%; margin: 0; background: #4f6a9f; z-index:9999; } ul li { display: block; position: relative; float: left; background: #4f6a9f; width: 100%; } /* This hides the dropdowns */ li ul { display: none; } ul li a, ul li span { display: block; padding: 0.5em 1em; text-decoration: none; white-space: nowrap; color: #fff; max-width: 100%; overflow-x: hidden; text-overflow: ellipsis; cursor: pointer; } ul li a:hover, ul li span:hover { background: #2c3e50; } li:hover > ul { display: block; position: absolute; z-index:999999 !important; } li:hover li { float: none; } li:hover a, li:hover span { background: #2E4A80; } li:hover li a:hover, li:hover li span:hover { background: #2c3e50; z-index:9999999; } .main-navigation li ul li { border-top: 0; } ul ul ul { position:absolute; left: 100%; top: 0; } ul:before, ul:after { content: " "; display: table; } ul:after { clear: both; } .footer { background: #f5f5f6; color: #555a62; font: 12px Verdana,Arial,Helvetica,sans-serif; line-height: 1.5; padding: 18px 0; } .footer-wrap { padding-left: 18px; padding-right: 18px; max-width: 1236px; margin: 0 auto; } .footer a { color: #2e4a80; } .footer a:hover { color: #2e4a80; } .footer-row { display: flex; flex-wrap: wrap; justify-content: space-between; align-items: center; margin: -3px; } .footer-col { padding: 0 3px; } .footer-col-copyRight { justify-content: flex-start; } .footer-col-logo { justify-content: flex-end; } .footer-col-copyRight, .footer-col-logo { flex: 1; display: flex; } .footer-consent { color: #2e4a80; cursor: pointer; text-decoration: underline; } .logo { width: 120px; height: 28px; opacity: 0.6; } @media screen and (max-width: 768px) { .footer-row { display: block; } .footer-col { width: 100%; text-align: center; margin: 6px 0; } .footer-col:first-child { margin-top: 0; } .footer-col:last-child { margin-bottom: 0; } .footer-col-copyRight, .footer-col-logo { justify-content: center; } .logo { margin: 0 auto; } }