Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
They were too lazy to take that down or on purposes fake advertisement
how do we know the web site is current?
makes no sense to be doing this (just like Tesla shouldn't do the Cybertruck).
Besides there is no manufacturing plant for it.
Nikola Badger not dead, website is still up https://nikolamotor.com/badger.
Tweet and video regarding the Nikola Badger as "Not Dead" per the discussion starting at minute 1:14:33 in the following video.
— Mario 🌊 (@mar13hydrogen) October 13, 2022
Looks like $1 coming then delisting, pretty soon - pinky stinky
UK, great news, thanks for sharing.
NIkola closes Rome Power deal
At least they didn't drag it out too long like the share increase
https://ih.advfn.com/stock-market/NASDAQ/nikola-NKLA/stock-news/89288939/nikola-completes-exchange-offer-to-acquire-romeo-p
Need to profile these guys on a business news channel for one thing... ???
Maybe get Brandon out there to do some photo Op or such ?? LOL. LOL. LOL
Uksausage, I wholeheartedly agree. Nikola has plenty of cash and doesn’t seem to have trouble raising more.
Author is a pumping rug - never ever trust that page
not sure the author understands the current Nikola business model
Hydrogen infrastructure isn't Nikolas job to install nationwide. They will need to have it available to their customers either through in-depot refueling or specific routes (which was Trevor iltons strategy). However many companies will be vying for the money to install at trucks tops (Flying J already announced a strategy)
They are ramping up production of BEV now and their expanded factory in Arizona will meet their forecasts for next year with both BEV ad FCEV. Add in the ULM output for Europe. I don't see a struggling company at all.
https://seekingalpha.com/article/4546018-nikola-stock-no-room-in-booming-industry?mailingid=29343697&messageid=2800&serial=29343697.6158&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=29343697.6158
Conclusion
Nikola is dealing with issues on many fronts, from a stained reputation to ramping competition. To make matters worse, the company has an incredibly shaky balance sheet. In fact, the company was so low in cash in 2021 that it had to scrap some of its plans. The company only had $841.8 million in total liquidity in Q2, which does represent a modest increase from $794.0 million in Q1.
Nikola's downward slide will likely continue even at its current valuation of $1.4 billion, which stands in sharp contrast to its inexplicitly high valuation of ~$32 billion at its peak. The clean energy transportation industry is simply far too crowded and competitive for Nikola to effectively compete in over the long term.
Worth posting again during these trying times for Nikola. Sandy Munro final video on his visit to Nikola, titled Nikola Series - Ep. 5: The Conclusion
55,814 views Dec 10, 2021 Sandy sits down with Jason Roycht and Christian Appel to discuss their backgrounds and current roles with Nikola.
Wow just watched on American Greed
Truly hope nobody here got hurt
Insider Sell: Nikola
Oct 6, 202215:56
NKLA-8.19%
Mark A Russell, 10% Owner, Director, Chief Executive Officer, on October 04, 2022, sold 150,000 shares in Nikola NKLA for $559,278. Following the Form 4 filing with the SEC, Russell has control over a total of 2,812,346 shares of the company, with 2,812,346 shares held directly. The market value of the direct and indirect holding, based on the transaction price, is approximately $10,346,621.
SEC Filing:
https://www.sec.gov/Archives/edgar/data/1731289/000173128922000218/xslF345X03/wf-form4_166509301229603.xml
https://www.tradingview.com/news/mtnewswires.com:20221006:A2757739:0-insider-sell-nikola/
Something is down here, for months now - from 90 freefall to $3, there is no bottom here
Andrew Vesey Named to Nikola Board of Directors
Published October 07, 2022
PHOENIX, – October 7, 2022 -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced the appointment of Andrew Vesey to its Board of Directors, effective immediately. Vesey, President and CEO North America at Fortescue Future Industries, will replace DeWitt Thompson, who has stepped down from the board after serving as a director since 2017.
“Andy’s proven track record of transforming and repositioning businesses, coupled with his passion for clean energy solutions, makes him an ideal addition to Nikola’s Board of Directors,” said Steve Girsky, Nikola's Chairman of the Board. “With more than 40 years of diverse utility industry experience, we are confident that his leadership and expertise will help us execute on our strategy as we drive toward our next phase of growth.”
Girsky continued, “On behalf of the entire Board, I thank De for his valuable contributions and unwavering commitment to Nikola. Over the past five years, De’s support and guidance have been instrumental to the Company’s development. With his role at one of our largest dealers, De will continue to help Nikola achieve its business objectives.”
“Accelerating a decarbonized energy future is something I’ve been focused on throughout the course of my career,” said Vesey. “I’m excited to join Nikola’s Board of Directors and support the Company as it advances its journey as a pioneer in zero-emission transportation and infrastructure solutions.”
Prior to joining Fortescue Future Industries, in 2019, Vesey co-founded Earthrise Energy Inc., a firm focused on delivering critical energy services to customers and the electric grid. Additional former executive roles include serving as chief executive and president of Pacific Gas and Electric Company (PG&E), chief executive and managing director of AGL Energy, and chief operating officer of AES Corporation. Vesey spent several years as an energy industry consultant and leader at firms including FTI Consulting and Ernst & Young. He also served as chief executive and managing director of Melbourne-based CitiPower in Australia and began his career as a system planning engineer at Consolidated Edison. Vesey has previously served on the boards of PG&E and AGL Energy, among others.
Vesey holds a Bachelor of Science in mechanical engineering and a Bachelor of Arts in economics both from Union College. He also earned a master’s degree in applied science from New York University.
ABOUT NIKOLA CORPORATION
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
Love the fact that retail investors can submit questions in advance
this is the first nasdaq company I have known to do this. reinforcing the transparency the new management want to ensure is in place.
Now is Say technologies worth investing in, it could take off..
Nikola Corporation Announces Date for Third Quarter 2022 Results and Webcast and Q&A Platform for Shareholders
Published October 06, 2022
PHOENIX --- October 6, 2022 --- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its third quarter ended September 30, 2022 financial results on Thursday, November 3, 2022. On that day, Nikola’s management will hold a conference call and webcast at 9:30 a.m. ET (6:30 a.m. PT) to review and discuss the company’s business and outlook.
To augment Nikola’s engagement with its shareholders and strengthen communication with investors, Nikola will utilize a Q&A platform developed by Say Technologies to allow retail and institutional investors to submit and upvote questions. Verified retail and institutional shareholders will be able to submit and upvote questions. Management will address a selection of the questions relating to Nikola’s business and financial results on the earnings call. The platform will open October 25, 2022 at 9:30 a.m. ET (6:30 a.m. PT) and close on November 2, 2022 at 9:30 a.m. ET (6:30 a.m. PT). To submit questions, please visit https://app.saytechnologies.com/nikola-2022-q3.
What: Date of Nikola Q3 2022 Financial Results and Q&A Webcast
When: Thursday, November 3, 2022
Time: 9:30 a.m. ET (6:30 a.m. PT)
Webcast: https://nikolamotor.com/investors/news?active=events (live and replay)
An archived webcast of the conference call will be accessible from the Investor Relations section of the company's website https://nikolamotor.com/investors/news?active=events.
ABOUT NIKOLA CORPORATION
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
INVESTOR RELATIONS
investors@nikolamotor.com
MEDIA RELATIONS
press@nikolamotor.com
Nikola Motor
Nikola Corporation | www.nikolamotor.com
4141 E Broadway Rd | Phoenix | AZ | 85040
Nikola Motors on Twitter
The North American Inspectors Championship is the only event of its kind dedicated to testing, recognizing, & awarding commercial motor vehicle inspector excellence. This year, inspectors received hands-on training on the Nikola Tre BEV, learning about safety, compliance, & more. pic.twitter.com/mzQhrQzjrp
— Nikola Corporation (@nikolamotor) October 6, 2022
Fit for 55: Transport MEPs want car-recharging stations every 60 km
Press Releases TRAN Yesterday
https://www.europarl.europa.eu/news/en/press-room/20221003IPR42118/fit-for-55-transport-meps-want-car-recharging-stations-every-60-km
Summary
- Faster and more powerful roll-out of recharging stations on main EU roads
- Easy to use recharging/refuelling with affordable, comparable and non-discriminatory price
- MEPs also adopted mandatory targets for fewer emissions in the maritime sector
- Cars should be able to recharge every 60 km and refuel hydrogen every 100 km, while ships use on-shore power supply at ports, to help the EU become climate neutral by 2050.
The Transport and Tourism Committee adopted a draft negotiating mandate on the deployment of alternative fuels infrastructure by 36 votes to 2 and 6 abstentions on Monday evening. It aims to spur the deployment of recharging or alternative refuelling stations (such as electric or hydrogen) for cars, trucks, trains and planes and support the uptake of sustainable vehicles.
Mandatory recharging/refuelling stations targets
MEPs agreed to set minimum mandatory national targets for the deployment of alternative fuels infrastructure and to ask EU countries to present their plan by 2024 on how to achieve it.
According to the adopted text, electric charging pools for cars would have to be deployed at least every 60 km along main EU roads by 2026. For trucks and buses, the same requirements would apply by 2026, but only on core TEN-T networks. MEPs also want charging stations for trucks in a safe and secure parking place to be deployed more quickly: two charging stations from 2028 instead of one from 2031 as proposed by the Commission. In all cases, some deployment exemptions would apply to outermost regions, islands and roads with very little traffic.
MEPs also suggest setting up more hydrogen refuelling stations along main EU roads compared to the Commission proposal (every 100 km as opposed to every 150 km) and to do it faster (by 2028 as opposed to by 2031).
Simple recharging
Users of alternative fuel vehicles should be able to pay easily, the price should be displayed per kWh or per kg, be affordable, comparable and accessible to all vehicle brands. MEPs also want an EU access point for alternative fuels data to be set up by 2027 to provide information on the availability, waiting times and prices at different stations.
EP rapporteur on alternative fuels infrastructure Ismail Ertug (S&D, DE) said: “Sustainable alternative fuels and the deployment of their infrastructure play a key role in the transition to a successful decarbonisation of the transport sector. By expanding charging infrastructure more quickly, we are making the transition to climate-friendly mobility easier for people and the industry.”
Sustainable maritime fuels
Transport MEPs also voted through a draft negotiating mandate on sustainable maritime fuels rules (FuelEU Maritime) by 36 votes to 6 and 2 abstentions, the same evening. It aims to cut maritime sector greenhouse gas (GHG) emissions from ships by 2% as of 2025, 20% as of 2035 and 80% as of 2050 (Commission proposed a 13% and 75% reduction).
This would apply for ships above a gross tonnage of 5000, in principle responsible for 90% of CO2 emissions, to all energy used on board in or between EU ports, and to 50% of energy used on voyages where the departure or arrival port is outside of the EU.
MEPs also set a target of 2% of renewable fuels usage and mandated containerships and passenger ships to use on-shore power supply while at berth at main EU ports as of 2030. This would significantly reduce air pollution in ports.
In order to secure compliance, the committee favours the introduction of penalties. Revenues generated from these should go to the Ocean Fund and contribute to decarbonising the maritime sector, energy efficiency and zero-emission propulsion technologies.
EP rapporteur on sustainable maritime fuels Jörgen Warborn (EPP, SE) stressed: “With today’s vote, we lay out by far the most ambitious pathway to maritime decarbonisation in the world. This agreement strikes the balance between ensuring that our climate targets are met efficiently, while safeguarding the maritime sector's competitiveness and shielding industries and families from rising prices.”
Next steps
Once Parliament as a whole has approved this draft negotiating position at the October II plenary session, MEPs will be ready to start talks with EU governments on the final shape of the legislation.
Very cool! thanks for sharing, Nikola has a very nice product.
Nikola Motors Institutional Ownership https://fintel.io/so/us/nkla
Nice American greed episode lmao who is buying this?
NIKOLA Trucks 2023 Show Room Germany
Posted Oct 2, 2022
Trevor needs to give all $$$ he stole to Shareholders; but the damn lawyers will take it long before that could ever happen.
Nikola Tries to Ignite Market for Its Hydrogen Fuel-Cell Trucks -- WSJ
5:30 am ET October 1, 2022 (Dow Jones)
By Bob Tita
As Nikola Corp.'s founder stands trial on securities-fraud charges, a revamped management team is pushing to make the company the first to market hydrogen-powered commercial trucks in the U.S. -- and to overcome production and credibility challenges that have weighed on its shares.
The seven-year-old company's first battery-powered electric trucks rolled off the assembly line this year, and around 300 are expected to be built by the end of 2022. Nikola said it plans to begin producing heavy-duty trucks powered by hydrogen fuel cells next year. The Arizona-based startup said it has orders for about 1,500 trucks in total for its battery and hydrogen fuel-cell models, designed to pull semitrailers with freight.
Nikola's current order volume is far below the 14,000 hydrogen fuel-cell truck orders the company reported in 2020 when investors' optimism soared over Nikola's potential to dominate the market for electric heavy-duty trucks as Tesla Inc. had done with electric passenger cars. Nikola's orders at the time were mostly nonbinding, and the company was years away from having the manufacturing and hydrogen-fueling capacity in place to support that many trucks. Nikola's stock price, which has been falling for months, recently sank to a new low below $4.
Trevor Milton, who founded Nikola in 2015 and served as its CEO until 2020, captivated investors and other executives with ambitious forecasts of $10 billion in potential revenue from its early orders. Nikola merged with VectoIQ Acquisition Corp., a special-purpose acquisition company, and went public in the summer of 2020. The company's valuation soared, at one point surpassing Ford Motor Co. as Nikola's stock price reached a high of $79.73.
Shortly after the stock's debut, investors began questioning the company's processes and the timing for turning orders into revenue. A short-seller investor's report in September 2020 decried Nikola as an "intricate fraud," and said Mr. Milton exaggerated the company's technology. Nikola disputed the fraud accusations, but Mr. Milton resigned as executive chairman later that month.
Nikola in late 2021 agreed to pay $125 million to the Securities and Exchange Commission to settle allegations that it defrauded investors.
In July 2021, the Justice Department charged Mr. Milton with securities fraud and wire fraud, accusing him of misleading investors. He pleaded not guilty, and his trial in a New York federal court began in September.
The company, with new leadership, is looking to recapture momentum by making steady progress on its plan to distinguish Nikola from other electric-truck manufacturers by offering leases on hydrogen-electric trucks that include the hydrogen fuel. Nikola said it expects to acquire low-cost hydrogen through partnerships with producers and resell it at prices that are competitive with diesel.
"The unique proposition that Nikola brings is that, as we introduce the trucks, we will also introduce the hydrogen-fueling infrastructure to support those trucks," said Pablo Koziner, who was promoted in August to president of Nikola's commercial business.
The trucking industry has long been interested in hydrogen's potential as a lighter-weight alternative to batteries. Hydrogen fuel cells create electricity to power a truck's electric motor from a chemical reaction between hydrogen and oxygen. But there currently is limited availability to fill up trucks with clean hydrogen made from zero-carbon or low-carbon processes.
Under CEO Mark Russell, who took over in June 2020 and plans to retire in January, the company has taken a more restrained approach to disclosing orders that it can fill with its nascent production capacity. Nikola reported just over 1,000 orders for its hydrogen truck in April. Anheuser-Busch Cos. signed up for 800 of those trucks as part of Nikola's lease program.
Absolutely…. adding for the future weekly….
$NKLA
Why Hydrogen Stocks Will Make Investors EXTREMELY Rich
Posted Sep 27, 2022
Visceral Ace
In this video, I discuss the $11 trillion green hydrogen and fuel cell opportunity, where NextEra is now betting on hydrogen.
Q 2 2 0 2 2, I N V E S T O R Q & A
S E P T E M B E R 2 6, 2 0 2 2
https://d32st474bx6q5f.cloudfront.net/nikolamotor/uploads/investor/presentation/presentation_file/52/Retail_Investor_QA_v10.pdf
Nkla aquires Rmo prices will stay constant until complete. Win win for Nkla.
Nikola Is Recalling 93 Examples Of The Tre BEV That We Didn’t Know It Had Built
BY BRAD ANDERSON | POSTED ONSEPTEMBER 22, 2022 8
https://www.carscoops.com/2022/09/nikola-is-recalling-93-examples-of-the-tre-bev-that-we-didnt-know-it-had-built/
Not only is the founder of Nikola in the midst of a high-profile criminal trial but the National Highway Traffic Safety Administration (NHTSA) has just issued a recall notice for the brand’s all-electric Tre truck.
The truck manufacturer has revealed that the seat belt shoulder anchorage assembly on certain Tre BEV trucks may have been improperly installed, meaning it could be detached when a load is place upon it during use.
A Nikola employee first discovered a potential issue on July 18, 2022 while conducting a pre-delivery inspection at a dealership location. The employee found that the shoulder anchorage on the passenger side seat belt had disconnected from the B-pillar.
This issue was reported to Iveco who manufacturer the Tre’s cab. Iveco began an investigation and discovered that the final torque on the passenger seat belt shoulder anchorage was not installed to specification and is suspectable to cross threading. While Nikola is not aware of any warranty claims or customer claims due to the issue, it has decided to issue a recall.
A total of 93 examples of the Nikola Tre have been recalled, all of which were built between November 5, 2021 and June 30, 2022.
Nikola will inform both dealers and owners of the recall between October 1, 2022 and November 1, 2022. Customers will be instructed to take their truck to a dealer where Nikola will replace the components of the seat belt anchorage assembly and adjuster, including the bolt and spacer, free of charge.
The issuing of this recall comes just a few days after the Nikola Tre BEV and FCEV were unveiled for the European market at the IAA Transportation event in Germany. The European version of the Tre BEV is good for a range of 329 miles (530 km) on a single charge and can be charged to 80 per cent in just 100 units through a 350 kW fast charger.
SEC Form 4. MARK A. RUSSELL
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/19/2022 M 91,114 A $1.06 2,903,460 D
Common Stock(1) 09/19/2022 S 342 D $5.038(2) 2,903,118 D
Common Stock(1) 09/19/2022 S 1,500 D $4.836(3) 2,901,618 D
Common Stock(1) 09/19/2022 S 15,772 D $5.04(4) 2,885,846 D
Common Stock(1) 09/19/2022 S 73,500 D $4.828(5) 2,812,346 D
Common Stock 09/20/2022 M 75,000 A $1.06 2,887,346 D
Common Stock(1) 09/20/2022 S 1,500 D $4.572(6) 2,885,846 D
Common Stock(1) 09/20/2022 S 73,500 D $4.571(7) 2,812,346 D
Explanation of Responses:
1. The sale of common stock was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
2. This transaction was executed in multiple trades at prices ranging from $5.02 to $5.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
3. This transaction was executed in multiple trades at prices ranging from $4.57 to $5.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
4. This transaction was executed in multiple trades at prices ranging from $5.00 to $5.10. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
5. This transaction was executed in multiple trades at prices ranging from $4.56 to $5.10. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
6. This transaction was executed in multiple trades at prices ranging from $4.53 to $4.63. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
7. This transaction was executed in multiple trades at prices ranging from $4.52 to $4.69. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
8. Option is fully vested and exercisable.
Nikola New CEO Michael Lohscheller Gives First Keynote at IAA 2022.
Posted Sep 20, 2022
Michael Lohscheller is the new President and CEO of Nikola Motors, following the retirement of Mark Russell. In his first keynote at a major motor show, Michael Lohscheller reaffirms the disruptive nature of Nikola: a start up that wants to break with the past and the status quo with innovative ideas...and comfortable trucks.
2023 Nikola Tre Electric Truck Interior and Exterior IAA Transportation 2022 Hanover Messe
Posted Sep 21, 2022,
The Automotive Dedicated Channel
The video filmed inside and outside at IAA Transportation Hanover Messe 2022
We travel the word to bring all New Videos from Cars Motorcycles Trucks Motorhomes Campers Caravans Tractors and All Kind Of vehicles!
Nikola CEO tells jury his concerns about founder's alleged fraudulent statements
Posted Sep 20, 2022
Nikola executives are stepping back from the founders' original claims of functionality for its EV truck.
I-Man, I apperciate the post, but the link wasn't active, and it didn't work when I cut and pasted it in to my browser. Thanks.
Here is what Mark Russell's been up to according to SEC:
https://tdameritrade-researchcomponents.markitdigital.com/cd8a1f65-7b4d-4560-b0e7-780b906b5b11
Nikola Motors: Why I'm Extremely Bullish
Posted Sep 18, 2022
SEO
In this video, I discuss the chance of $NKLA stock being a multi bagger this decade. I compare it to Tesla stock and analyze the S-curve of technology adoption.
Time Stamps
0:00 Tesla vs. Nikola (Valuation)
4:35 How Nikola is Ignored by Wall Street
6:17 The Infamous S-Curve & $NKLA Stock Chart
8:20 The Tailwinds for $NKLA Stock
IAA 2022: Nikola and IVECO Begin Taking Orders on the European Nikola Tre BEV Heavy-Duty Truck with Best-in-Class Range
Company also unveils European Nikola Tre FCEV beta version
Published September 19, 2022
https://nikolamotor.com/press_releases/iaa-2022-nikola-and-iveco-begin-taking-orders-on-the-european-nikola-tre-bev-heavy-duty-truck-with-best-in-class-range-198
HANOVER, GERMANY. September 19, 2022-- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, began a new era in zero-emissions transport with their partner IVECO, the commercial vehicle brand of Iveco Group, at the IAA Transportation 2022 today. The companies commercially launched the European Nikola Tre battery-electric vehicle (BEV) and unveiled the European Nikola Tre fuel cell electric vehicle (FCEV) beta version. The two vehicles were presented at a press conference on the Nikola and IVECO main stage, where they are on display. Visitors to the exhibition can also view demonstrations in the outdoor IAA Test Drive Experience and ride alongs in the Nikola Tre BEV to experience its performance, comfort and advanced intuitive features.
The European 4x2 Artic version of the Nikola Tre BEV is a zero-emissions heavy-duty truck with the best-in-class range of up to 530 km and the performance to complete a wide range of regional missions.
The European Nikola Tre FCEV in beta version also made its debut, offering a glimpse of the soon-to-come electric propulsion semi-truck for long hauling, and is expected to launch in the second half of 2023 in North America and first half of 2024 in Europe.
“The Nikola Tre battery-electric and fuel cell electric zero-emission trucks are true game changers in commercial trucking,” said Michael Lohscheller, President, Nikola Corporation. “Specifically developed as electric vehicles, they deliver the performance and driving experience able to compete with their diesel-powered peers in the toughest heavy-duty missions. They offer operationally and financially viable zero-emissions solutions for regional applications and long-distance hauling that will give customers a true competitive advantage.”
“Today we are making history with the first products for the European market of IVECO’s powerful partnership with Nikola Corporation,” said Luca Sra, Truck Business Unit President, Iveco Group. “Together, our teams have designed a modular platform capable of hosting both fuel cell and battery propulsion technologies, starting with the European 4x2 Artic version of the Nikola Tre BEV heavy-duty truck making its debut here today. It is the first-ever electric-born modular platform for articulated heavy-duty tractors hosting both energy sources: battery-electric for missions of approximately 500 km and fuel cell electric powertrain for hauling up to 800 km in its first generation. A true revolution that marks a tangible step towards our ambitious goal of achieving a zero-emissions transport.”
The European Nikola Tre BEV is produced by the Nikola IVECO Europe joint venture in its dedicated manufacturing plant in Ulm, Germany. The facility, inaugurated in 2021, features a final assembly process specifically designed for electric vehicles and operates to world-class manufacturing standards.
ORDERS OPEN FOR EUROPEAN NIKOLA TRE BEV
Nikola and IVECO announced today the official opening of orders for the European 4x2 Artic version of the Nikola Tre BEV. The vehicle, which has a wheelbase of 4,021 mm, features nine batteries with a total energy storage up to 738 kWh, which delivers a range of up to 530 km. An 80% charge takes an estimated 100 minutes at 350 kW. With 480 kW continuous power of the FPT Industrial e-Axle, the truck has the power, torque and range to perform applications such as hub-to-hub deliveries and regional hauling – and its mileage can be extended with opportunity charging. This performance comes with low Total Cost of Ownership, making it an operationally and financially viable zero-emission solution.
In line with its driver-centric approach, every detail in the Nikola Tre BEV’s cab is designed to enhance life on board with a spacious and well laid out environment rich in comfort features and advanced functionality. The infotainment system is based on Nikola’s new-generation proprietary operating technology that integrates infotainment and navigation functions, as well as controls for most of the vehicle’s functions. The exceptionally smooth ride and a quiet environment add to the superior driver experience, which is expected to make the Nikola Tre a true favorite of drivers across Europe.
For information on the Nikola Tre BEV, visit www.nikolamotor.com.
EUROPEAN NIKOLA TRE FCEV UNVEILED
The Nikola Tre FCEV Artic 6x2 in beta version features a steering tag axle and a new cab with improved aerodynamic performance. With a wheelbase of 3,932 mm, it can accommodate approximately 70 usable kilograms of hydrogen at 700-bar pressure. This capacity, together with its fast-refueling time of under 20 minutes, enables a range of up to 800 km. When Nikola Tre FCEV enters the European market in 2024, zero-emission electric propulsion for long-haul missions will become a reality.
Iveco Group and Nikola Corporation’s sustainable transport journey progresses today at IAA Transportation 2022
Hannover, 19th September 2022. IVECO, the commercial vehicle brand of Iveco Group (MI: IVG) and a pioneer in the commercialisation and manufacturing of vehicles powered by alternative fuels, and Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, launched today the Nikola Tre Battery Electric Vehicle (BEV) for the European market and unveiled the Nikola Tre Fuel Cell Electric Vehicle (FCEV) beta version, at IAA Transportation 2022, the world-renowned trade show for transport and logistics, being held in Hannover, Germany.
The two vehicles, suited for missions of approximately 500 km (BEV) or 800 km (FCEV) in their initial configurations, confirm once more the visible progress of the partnership between Iveco Group and Nikola. They are also a testament of the state-of-the-art capabilities of the two Companies’ joint-venture manufacturing facility, inaugurated in 2021 in Ulm, Germany, which features an assembly line specifically designed for electric vehicles.
This is an important step in the Companies’ journey towards reaching their ambitious zero-net emissions goal and developing innovative technologies for sustainable mobility. In fact, the modular approach applied to the Nikola Tre platform, capable of hosting both battery and fuel cell propulsion technologies, paves the way for further developments in the electric offering for the European market, while accelerating the energy transition that Iveco Group and Nikola are driving.
“Iveco Group and Nikola enjoy a solid partnership that began in 2019,” stated Gerrit Marx, CEO, Iveco Group. “Together, we have met every milestone on our path towards deploying zero-emission heavy-duty trucks in North America and Europe, in an unprecedented fast track from design to market, despite all the challenges we have faced along the way. And we have every intention of continuing with this fast-paced and constantly evolving journey.”
“The Nikola zero-emission Tre BEV and Tre FCEVs are true game changers in commercial trucking,” added Michael Lohscheller, President, Nikola Corporation. “Specifically developed as electric vehicles, they deliver performance and a driving experience that can compete with their diesel-powered peers in the toughest heavy-duty missions. They offer operationally and financially viable zero-emission solutions for regional applications and long-distance hauling that will give customers a real competitive advantage.”
ABOUT IVECO GROUP N.V.
Iveco Group N.V. (MI: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly-specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres. Further information is available on the Company’s website www.ivecogroup.com
ABOUT NIKOLA CORPORATION
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
I've seen fuel cell mining trucks in South Africa, Trash trucks in Europe, road grinders and tarmac spreaders.
not sure there is an engine that cant be replaced.
not top of the list but a number of companies are focusing on niche markets rather than trying to compete with the likes of Bosch, Cummins, or the newbies PLUG, Ballard etc.
I am mixed on this article !
Idiots, mostly very liberal minded folks with no common sense, are making laws out there and have no idea about the greater good theory or practicality.
You can have your electric flat road haulers of course, but you can NEVER eliminate diesel equipment or trucks because of the huge horsepower needs they require to do everything from mining to construction to highway maintenance, etc hosts of other work the electric vehicle simply can NEVER do...
Yes great news, I knew over week ago, yet you'd never notice from current share price...???
Followers
|
273
|
Posters
|
|
Posts (Today)
|
1
|
Posts (Total)
|
11108
|
Created
|
03/03/20
|
Type
|
Free
|
Moderators WeTheMarket |
Nikola and VectoIQ Acquisition Corp. Announce Closing of Business Combination
Published June 03, 2020
https://nikolamotor.com/press_releases/nikola-and-vectoiq-acquisition-corp-announce-closing-of-business-combination-77
Steve Girsky
Girsky was GM Vice Chairman from March 2010 through January 2014. During that time he was responsible for several functional areas, including:
Global corporate strategy,
New business development,
Global product planning and program management,
Global connected customer/OnStar, and
GM Ventures LLC and global research & development.
Girsky also served as Chairman of the Adam Opel AG Supervisory Board and as interim President of GM Europe during this time frame, a critical period in
which the company established its current 'Drive Opel 2022' strategy. Girsky also held responsibility for GM's Global Purchasing and Supply Chain function
from 2011 to 2013, and served as Senior Advisor to General Motors from January 2014 to July 2014.
https://investor.gm.com/news-releases/news-release-details/gm-announces-stephen-girsky-retire-board-directors
https://www.freightwaves.com/news/shell-stuffing-how-nikola-became-vectoiqs-public-preference
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165678224
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165764942
Nikola and TC Energy Sign Joint Development Agreement
for Co-Development of Large-Scale Clean Hydrogen Hubs
October 7, 2021
Nikola and TC Energy sign joint development agreement for co-development of large-scale clean hydrogen hubs. Nikola Corporation (Nasdaq: NKLA), (Nikola),
a global leader in zero-emissions transportation and energy infrastructure solutions, and TC Energy Corporation (TSX,NYSE: TRP), (TC Energy), a leading
North American energy infrastructure company, have agreed to collaborate on co-developing, constructing, operating and owning large-scale hydrogen
production facilities (hubs) in the United States and Canada.
https://hydrogen-central.com/nikola-tc-energy-agreement-hydrogen-hubs/
#NationalHydrogenDay celebrations continue with a sneak peek of all things happeningat our Coolidge
manufacturing facility, including our Nikola Tre #FCEV, for our next episode of the #DrivingChange series!
1:57 PM · Oct 8, 2021
https://twitter.com/i/status/1446565427493044225
Hydrogen Heavy Duty Vehicle Industry Group Partners to Standardize Hydrogen Refueling,
Bringing Hydrogen Closer to Wide Scale Adoption
Published October 08, 2021
https://nikolamotor.com/press_releases/hydrogen-heavy-duty-vehicle-industry-group-partners-
to-standardize-hydrogen-refueling-bringing-hydrogen-closer-to-wide-scale-adoption-137
Gettin' it done. Season 2 of #DrivingChange starts with the continued journey
of the #NikolaTre FCEV alpha builds in Coolidge, Arizona.
November 3, 2021
https://www.facebook.com/nikolamotorcompany/videos/driving-change-season-2-episode-1-
get-it-done/1259891077770836/?__so__=permalink&__rv__=related_videos
https://www.youtube.com/watch?v=RokrKePeRrk
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |