US Postal Service Carrier Orders 50 Fuel Cell Trucks From Nikola
The California firm AJR Trucking will use its new zero emission fuel cell trucks from Nikola Motor to haul mail for the US Postal Service.
The California firm AJR Trucking will use its new zero emission fuel cell trucks from Nikola Motor to haul mail for the US Postal Service.
Just as 2020 ended, Nikola Corporation’s stock took a knocking. It fell more than 8% on Christmas Eve, after a 10.70% drop the previous day. These drops came after the loss of an order by Republic Services, a major name in the recycling and waste disposal industry. The plan was for Nikola to provide 2,500 electric garbage collection trucks.
German tech supplier Bosch steps back from its investment in Nikola Motor not too long after General Motors did the same thing!
Arizona-based Nikola Motor celebrated breaking ground on its new 1,000,000 square foot factory this morning in an event well-attended by Nikola leadership, including CEO Mark Russell, Mark Duchesne, global head of manufacturing, and local supporters including Coolidge Mayor Jon Thompson.
Nikola Motor burst onto the scenes in a big way last year at Nikola World 2019, and we were there to take it all in. They showed off the new Class 8 Nikola Tre aimed at Europe and a full lineup of fully electric power sport vehicles, including the WAV personal watercraft.
Last month, Nikola Motor broke ground on its first factory in Coolidge, Arizona, where it plans to produce the Nikola Tre and Nikola Two Class 8 trucks. Just a few days earlier, Tesla broke ground on its newest factory under construction in Austin, Texas where it plans to produce the Cybertruck, Semi, Model Y, and Model 3.
Trevor Milton is Nikola Motor’s Executive Chairman and Founder. A relatively young company, Nikola recently listed publicly on the NASDAQ stock exchange, and has garnered both excitement and scrutiny from investors and the media. Focusing mainly on the trucking industry, Nikola hopes to release a fleet of hydrogen fuel-cell powered semi trucks, along with a consumer pickup truck.
Nikola will start accepting pre-orders for its Badger electric pickup truck June 29. First deliveries are expected in about 24 months.
Nikola Motor is among several large billion-dollar corporations receiving millions from the Coronavirus Small Business Fund that is meant to support … small businesses.