Earth & Energy

Electric Truck Has Over 7,000 Pre-Orders Amounting to Over $2.3 billion

Salt Lake City-based startup Nikola Motor claims in a press release that it has received over 7,000 pre-orders for its Nikola One electric semi-truck, amounting to more than $2.3 billion.

Nikola One
Nikola One

“Our technology is 10-15 years ahead of any other OEM (original equipment manufacturer) in fuel efficiencies, MPG and emissions. We are the only OEM 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,” CEO and founder Trevor Milton says.

Milton is also bold enough to state on record that their competition “should be nervous.”

“We believe we will pass the current market leaders like Daimler, PACCAR, Volvo and Navistar in sales orders within the next 12-24 months. Just imagine the orders that will come in once we begin taking dealer applications. We have shown other OEMs and their shareholders why they should be nervous about Nikola Motor Company. Some of the top class 8 dealerships in America have reached out and are willing to either add our brand or move away from their existing brands,” he said.

In the dog eat dog world of truck dealerships, this deal is cleaning up the streets while racking up the revenue.

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