Nikola Raises $105M in Series C; Totals $210M

nikolaNikola, a Phoenix, AZ-based maker of electric vehicles, components, energy storage systems and drivetrains, raised raised an additional $105m in Series C funding.

The round now totals $210m. The backers were not disclosed.

Led by CEO Trevor Milton, Nikola Motor Company designs and manufactures electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains.
The company’s products include
– Nikola one, a fully-electric hydrogen-powered sleeper semi-truck.
– Nikola two, a fully-electric hydrogen-powered day cab semi-truck, available in North & South America
– Nikola tre, a fully-electric hydrogen-powered day cab semi-truck, available in Europe, Asia and Australia.

The service include Nikola h2 stations, with the company planning to create its large hydrogen network in the world.

FinSMEs

14/11/2018

Join the discussion