Trevor Milton, the founder and former CEO of Nikola, a company working on electric and fuel cell trucks, was indicted today by a grand jury on three counts of criminal fraud over false claims he made about the company. Milton became a billionaire after taking Nikola public through a SPAC deal, and the price of the stock shot up as the CEO made several claims about the company’s progress toward…

Mercedes-Benz has announced several new electric vehicle premieres at the upcoming IAA mobility show in Munich. IAA Mobility Show is positioning itself as the new major mobility/car show in Europe, and several automakers, bike companies, and more are expected to unveil new electric vehicles at the event. Today, Mercedes-Benz confirmed that it will be amongst those automakers unveiled new…