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Nikola Motor Company
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Short description

Developer and manufacturer of hybrid hydrogen-electric trucks

Founded in 2015
Founded in

Company type Bankrupt Public (NKLA)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Salt Lake City, UT Salt Lake City, United States
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Updated by Cleantech Group on 02/20/2025

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  • 1 M&A items
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Date Company
08/11/2020

Republic Services Republic Services

Nikola will deliver a minimum of 2,500 electric refuse trucks, beginning full production deliveries in 2023.

Confirmed by Republic Services
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Date Partner Type
10/08/2021
TC Energy Corporation TC Energy Corporation
Nikola and TC Energy partner to co-develop, construct, operate and own large-scale hydrogen production hubs in North America.
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Confirmed by TC Energy Corporation
Project Development
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IPO INFORMATION

Date

06/03/2020

IPO status

Listed

IPO Type

SPAC

Amount

Initial shares

Ticker symbol

NKLA

Exchange listed

NASDAQ

Prospectus URL

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Description

Nikola has gone public through a merger with VectoIQ Acquisition Corporation.

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Date Investors Type Amount
08/01/2023 South Coast Air Quality Management District South Coast Air Quality Management District , EnergIIZE West Sacramento California Energy Commission EnergIIZE West Sacramento California Energy Commission , Mobile Source Air Pollution Reduction Review Mobile Source Air Pollution Reduction Review , SacMetro AQMD SacMetro AQMD (4)
Post-money valuation of
Funding will support implementation of open-network hydrogen refuelling stations.
 Grant $16,300,000
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