It is easy to fall from grace, especially in the public eye. The hard part is to earn respect and keep it. That’s the challenge facing Nikola Corporation, since the company was rocked by scandal in September and subsequently revealed the departure of its founder and former Chairman Trevor Milton.
The Arizona-based company has famously enjoyed a somewhat meteoric rise to the forefront of the heavy-duty trucking sector and more importantly, the clean-fuelled heavy-duty trucking movement. From a basement-based start-up it has emerged into one of the most talked about vehicle manufacturers of the moment, with a clear objective to remove the commercial truck from the carbon equation.
But in recent weeks the company has found itself the talk of both the hydrogen mobility and investment circles for all the wrong reasons, a story shared here for gasworld’s Bulk Distribution issue by sister publication, H2 View.
Week one
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