Nikola announces $2 million DOE grant after founders indictment

This week hydrogen trucking startup Nikola announced that it won a $2 million grant from the Department of Energy. While the DoE announced the grants in July, Nikola is promoting the news just two weeks after founder and former chairman Trevor Milton was indicted for allegedly committing fraud.

The grant is meant to help Nikola research autonomous refueling technologies for hydrogen refilling stations. It was awarded by the DOE’s Energy Efficiency and Renewable Energy transportation office as part of its Hydrogen and Fuel Cells R&D program, which is focused on proving the reliability and sustainability of using hydrogen as a zero-emissions power source.

The DOE grant comes at a time when the department is getting ready to ramp up...

Continue reading…