Automaker set to return $8 billion in preorders from customers Nikola, a relatively new automaker focused on the development of hydrogen-powered heavy trucks, has reached a significant milestone. The company has been hard at work producing large commercial trucks that are equipped with hydrogen fuel cells. These trucks had received significant attention from commercial drivers and transportation companies, with Nikola receiving more than $8 billion in preorder reservations. Now, the company has announced that all of these reservations will be refunded. Nikola does not require customer deposits to continue developing…

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