Hanwha Group, a Korean energy-to-defense conglomerate, plans to sell half of its stake in U.S. electric truck maker Nikola, the two companies said Thursday.
Hyundai Motor delivered its first batch of hydrogen-powered trucks to its clients in Switzerland on Oct. 7, vying to play a pioneering role in Europe's eco-friendly commercial truck market.
With the shares of Nikola down 19 percent on Monday, and far from their all-time high, Korean investors in the U.S. hydrogen and electric automotive company have not made as much money as had been hoped, while some may have lost a bundle.
The 2017 film “The Current War” is about the competition between two pioneers in modern electric technology — Thomas Edison (1847-1931) and Nikola Tesla (1856-1943) — over the method of transmitting...
Nikola Motor, a U.S. start-up that received investment from two Hanwha affiliates, debuted on the Nasdaq on Thursday, closing at $33.75, making its corporate valuation $12.2 billion.
Korea JoongAng Daily Sitemap