Nikola to unveil three landmark products at December launch

Friday, November 4, 2016



At the launch, Nikola will show off its flagship product, the highly anticipated Nikola One electric semi-truck. The prototype Nikola One is expected to be the most fuel-efficient class 8 truck ever built. Never before has a heavy-duty truck achieved record setting fuel efficiency while also dramatically improving performance over its diesel competition.

Nikola is currently preparing the next generation of the Nikola One, a hydrogen fuel cell-powered electric semi-truck for production. Nikola’s hydrogen-powered electric semi-truck will have a range of 800 to 1,200 miles [1280 to 1930 kilometres] between fill-ups and achieve approximately 15-20 mpg [6.3 to 8.5 kpl] with zero emissions under full load. This performance surpasses all government mandates in place for the next 10 years, including the EPA’s recently announced stringent Phase 2 greenhouse gas standards.

Nikola will also show off its 107 kWh upgradeable battery pack for its electric UTV, the Nikola Zero.

“Our battery engineers have made major advances in storage and cooling,” said Trevor Milton, Nikola’s CEO. “We believe our lithium battery packs, which should be available next year, are more energy dense and weigh less than any vehicle production pack in the world. To give you an idea, we believe our pack could propel a BMW i3 over 400 miles on a single charge and still fit within the i3 chassis. Our new design should also allow us to fit approximately 125 kWh or more in the Tesla Model S battery envelope.”

Milton said the new battery pack would be offered for sale to other OEMs in 2017, as well as an upgrade option for the Nikola Zero UTV.

Nikola will also reveal its line-up of more than 300 hydrogen stations located throughout the U.S.

“As each station comes online, Nikola will begin selling hydrogen to non- Nikola customers for around $3.50 per kg, nearly half the current market price,” said Milton. “We believe that hydrogen power generation is a better deal per mile than plugging in for electricity.”

Reservations for the Nikola One totalled nearly $3 billion in the first 30 days of availability.

For complete product details on the Nikola One, visit www.nikolamotor.com.