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Nikola Motor gets US$2.3 billion worth of preorders for 2,000HP, electric semi-trailer truck

Lucas Mearian | June 16, 2016
The truck will be unveiled on Dec. 2

Combined with the electric motor, 100,000 gallons of natural gas is enough for a million work miles. "This offsets the entire cost of the truck, allowing for a return on the investment in first month," the spokesperson said.

nikola one 
A full side view of the Nikola One. Credit: Nikola Motor Co.

"Our technology is 10-15 years ahead of any other [truck maker] in fuel efficiencies, MPG and emissions," Milton said in a statement. "We are the only [truck maker] to have a near zero emission truck and still outperform diesel trucks running at 80,000 pounds. To have over 7,000 reservations totaling more than 2.3 billion dollars, with five months remaining until our unveiling ceremony, is unprecedented."

Along with the Nikola One semi-trailer, the company also revealed plans to release a 520HP 4x4 utility vehicle (UTV) that will boast more than 480 foot pounds of torque with a 125-mile range. "You only use what [horsepower] you need, but when you need it, it comes in handy for safety and performance," the spokesperson said.

Nikola Zero 
The Nikola Motor Co. has designed, engineered and is finalizing assembly of the most powerful production model UTV ever built. The UTV project, dubbed "Nikola Zero," is a 100% electric-powered, zero-emission, four-passenger, side-by-side that boasts over 520 HP, 480 ft. lbs. of torque, 20 inches of suspension travel on all four wheels and a 125-mile range. Credit: Nikola Motor Co.

The UTV, dubbed "Nikola Zero," is a 100% electric-powered, zero-emission, four-passenger, side-by-side that has 20 inches  of suspension clearance on all four wheels and 14.5 inches of overall ground clearance.

The Nikola Zero will retail for $42,000. The first 5,000 vehicle reservations will get a $5,000 discount on the suggested retail price, the company said.


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