Nikola Motor Co (NKLA)

[Tranche]

Nikola Motors Raises $100 Million In New Funds

https://insideevs.com/nikola-motors-raises-100-million-in-new-funds/

The total value of non-binding pre-order reservations is estimated by the company at $11 billion.
By 2021 Nikola will install first 14 hydrogen stations, while by 2028 the network in U.S. and Canada should consist of more than 700 stations.

Nikola Motor Company listed many milestones achieved in 2018:

-We have kicked-off plans to build the largest hydrogen network in the world with NEL

-Secured a massive 800-truck order commitment from Anheuser-Busch

-Developed the most energy dense battery system on the market with almost 400 watt hours per liter engineered a 240 kW fuel cell

-Kicked-off electric vehicle stability controls and electric ABS with WABCO

-Designed a thermo-management and HVAC system with MAHLE

-Finalized the most advanced class-8 independent suspension on the market with Meritor

-Relocated our company to Arizona to build our new 150,000 sq. ft. headquarters