SALT LAKE CITY, May 10, 2016 /PRNewswire/ -- 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 displayed to the public later
this year, the company will launch a 2,000 horsepower, electric
semi-truck, dubbed "Nikola One", and a 520 hp, 4x4 electric UTV
with a code name of "Nikola Zero."
For complete product details on the Nikola Zero and One, visit
www.nikolamotor.com. Reservations have just begun for both the
Nikola Zero UTV and the Nikola One electric semi-truck.
While the majority of the semi-trucks components are being
developed by Nikola, the company also co-designed the industry's
first ever independent suspension with Meritor (NYSE: MTOR).
"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," said 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," added
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. (NYSE: WOR)
About Nikola Motor Company:
Nikola Motor Company designs and manufactures electric vehicles,
vehicle components, energy storage systems, and electric vehicle
drivetrains. NMC is led by its visionary CEO Trevor Milton (twitter: @nikolatrevor), who has
assembled one of the most talented teams in the country to bring
the Nikola products to market. For more information, visit
nikolamotor.com or Twitter: @nikolamotor.
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SOURCE Nikola Motor Company