Nikola (pronounced Neek-oh-la) Motor Company (NMC), named after the famous electrical engineer Nikola Tesla, was quietly formed by Founder and CEO Trevor Milton years ago to design and manufacture electric vehicles, energy storage systems and electric vehicle drivetrain components.
With the first working prototypes set to be displayed to the public later this year, the company will launch a 2,000 hp, electric semi-truck, dubbed “Nikola One”, and a 520 hp, 4x4 electric UTV with a code name of “Nikola Zero.”
Reservations have just begun for both the Nikola Zero UTV and the Nikola One electric semi-truck.
While the majority of the semi-truck's components are being developed by Nikola, the company also co-designed the industry’s first ever independent suspension with Meritor.
“By working together with some of the top engineering firms in America, we were able to design vehicles that have previously been thought impossible to design,” says Milton.
“We want to even the playing field and income inequalities seen between owner operators and fleets for the first time in recent trucking history. This is just the beginning of what’s ahead for America, our company and the electric vehicle market,” adds Milton.
Prior to establishing Nikola, Milton was CEO of dHybrid Systems, a natural gas storage technology company that was acquired in October 2014 by one of America’s largest steel providers, Worthington Industries.