Nikola claims US$12 billion in hydrogen truck pre-orders

by Truck News

PHOENIX, Ariz. – Hydrogen truck maker Nikola says it has raised another US$210 million and now boasts US$12 billion in pre-orders.

About $380 million of those were for the recently announced Nikola Tre European cabover.

“Once the Nikola Tre arrives in Europe, diesel will finally be on its way out,” said CEO Trevor Milton.

“Now that we are funded and oversubscribed, we are kicking it into high gear and preparing for Nikola World 2019. At Nikola World, you will see the USA Nikola Two prototype in action and be able to step foot in our European Nikola Tre. We also have a few surprises for the show from our powersports division and other new product announcements.”

The company says it will have hydrogen coverage in the U.S., Canada, Europe and Australia by 2028.

Nikola Tre

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  • Most of the naysayers believe hydrogen supply including delivery to fueling stations is a major problem.
    Technology moves fast today as there are now supply stations contemplated & built that process hydrogen at the supply location in England.
    Germany has a hydrogen train now in use also British Rail recently committed to replacing diesel locomotives with hydrogen fuel cell power. Apparently Metro-link are also interested. Overhead power lines are not required at a considerable saving in time & expense.
    Federal government are also financing up to three supply outlets in the Toronto area.