The ‘Tesla of Trucking’ Just Claimed $2.3 Billion in Reservations For Electric Big-Rigs

6. 16. 16 by Jelor Gallego

Tesla has been an absolute model for electric vehicle startups that try to break the monopoly of established companies. So much so that one company is following the Tesla example: the Nikola Motor Company, already being called “the Tesla of Trucking.”

The Nikola Motor Company has been accepting reservations for its electric hybrid “Nikola One” semi-truck, and has announced that it already has 7,000 reservations, representing $2.3 billion in revenue.

The Nikola One is a partly electric class 8 semi-truck that promises to cost only half the fuel needed per mile compared to diesel trucks, and have a near-zero emission rate. While electric, it still features a fuel turbine that feeds its 320 kWh battery pack.

The Nikola One. Credit: Nikola Motor Company

However, even if it still needs fuel, the Nikola One will be able to travel 1,930 km (1,200 mi) before it needs to be filled, and will use cheaper natural gas instead of diesel. And its operating principle is simplicity itself—the gas fuels a generator which then powers the electric motors moving the wheels.

Advertisement

“We are the only OEM [original equipment manufacturer] to have a near zero emission truck and still outperform diesel trucks running at 80,000 pounds…” said CEO Trevor Milton in a press release.  


Care about supporting clean energy adoption? Find out how much money (and planet!) you could save by switching to solar power at UnderstandSolar.com. By signing up through this link, Futurism.com may receive a small commission.

Share This Article

Keep up.
Subscribe to our daily newsletter to keep in touch with the subjects shaping our future.
I understand and agree that registration on or use of this site constitutes agreement to its User Agreement and Privacy Policy

Advertisement

Copyright ©, Camden Media Inc All Rights Reserved. See our User Agreement, Privacy Policy and Data Use Policy. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Futurism. Fonts by Typekit and Monotype.