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Biden-Backed EV Company Files For Bankruptcy After Producing Only A Few Hundred Trucks — IJR News

Biden-Backed EV Company Files For Bankruptcy After Producing Only A Few Hundred Trucks

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Biden-Backed EV Company Files For Bankruptcy After Producing Only A Few Hundred Trucks

1 source·Updated Jul 1, 2026

Nikola, an electric vehicle start-up that received federal funding during the Biden administration, said it filed for Chapter 11 bankruptcy Wednesday and will pursue a sale of most or all of its assets. The company…

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Last updatedJul 1, 2026

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