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To have over 7,000 reservations totaling more than 2.3 billion dollars, with five months remaining until our unveiling ceremony, is unprecedented. Previously unpredictable costs become consistent and fixed over the life of the lease, regardless of fluctuating fuel prices. The Nikola Motor Co. is offering the first 5,000 reservations for the Nikola One 100,000 gallons of free natural gas, which the company said is enough for 1 million miles worth of travel.The Nikola One semi-trailer will be capable of pulling a gross weight of 80,000 pounds and will have more than a 1,200-mile range between stops, the company said. The truck will retail for $375,000… "Our technology is 10-15 years ahead of any other [truck maker] in fuel efficiencies, MPG and emissions," Milton said in a statement. Each wheel torque is adjusted to be optimal during cornering, maneuvering, accelerating and braking resulting in better efficiency and stability.Nikola trucks come standard with advanced hardware capable of providing active safety and convenience features.With regenerative braking and air disk brakes, Nikola trucks begin braking within 10 milliseconds; hundreds of times faster than advanced air-only disc brakes.A standard class 8 truck requires the driver to climb into the vehicle at the front of the cab, the Nikola One mid-cab entry design allows the driver to simply and safely walk straight into the cab to access the cockpit, much like an airplane.With no diesel engine Nikola was able to move the driver forward and add a panoramic windshield for better overall visibility.

"We are the only [truck maker] to have a near zero emission truck and still outperform diesel trucks running at 80,000 pounds. Nikola Motor founder and CEO Trevor Milton also announced that the electric class 8 semi-truck, dubbed " Nikola One " will be unveiled Dec. 2 in Salt Lake City. Nikola has chosen Nel ASA as the sole equipment supplier to create a worldwide hydrogen fueling network.Nikola's Complete Leasing Program simplifies and lowers the total cost of ownership for fleet and truck owners. Nikola’s $25.8 billion market cap is larger than Ford (NYSE:F) at $23.4 billion. MOTOR .

The single monthly payment includes:

The company also said the truck's lithium-ion battery will never require recharging because the turbine will charge it as the vehicle drives, just like other consumer hybrid vehicles.The Nikola One will also sport regenerative braking technology, an energy recovery mechanism that will slow the vehicle by converting kinetic energy into a form that can be stored until needed.

On its website, Nikola lists peak horsepower and torque outputs of 906 and 980, respectively, and a 2.9-second sprint from zero to 60 mph.

of torque, 20 inches of suspension travel on all four wheels and a 125-mile range.The Nikola Zero will retail for $42,000. Leasing is another option, with prices starting at $5,000 per month. Nikola Motor Company designs and manufactures electric components, drivetrains and vehicles including the Nikola One and Nikola Two electric semi-trucks. This enables the Nikola trucks to accelerate up to 2x faster than a stock diesel tractor.Better aerodynamics, using energy only when needed with no idling, regenerative braking, and highly efficient electric motors and fuel cells are a few factors that give Nikola the advantage when it comes to fuel economy.When pulling at max capacity, every kilogram counts.

Non-Nikola owners will be able to avail themselves of the hydrogen, but at a cost of $3.50 per kilogram. The standard model will have a natural gas tank.Nikola claims the semi-trailer will cost half as much to operate as traditional diesel trucks. The UTV project, dubbed "Nikola Zero," is a 100% electric-powered, zero-emission, four-passenger, side-by-side that boasts over 520 HP, 480 ft. lbs. "You only use what [horsepower] you need, but when you need it, it comes in handy for safety and performance," the spokesperson said.The Nikola Motor Co. has designed, engineered and is finalizing assembly of the most powerful production model UTV ever built. Owners will have the option to trade in for a new Nikola vehicle every 700k miles or 84 months, whichever comes first. The Nikola One hasn’t hit the market yet, but is said to cost $375,000 if you were to buy it outright. Regenerative braking is more efficient than traditional braking, which uses friction to slow a vehicle and wears braking systems faster.Nikola began taking $1,500 refundable reservations for the truck a month ago, offering 100,000 gallons of free natural gas to the first 5,000 trucks reserved. Subscribe to access expert insight on business technology - in an ad-free environment.. Find real-time NKLA - Nikola Corporation stock quotes, company profile, news and forecasts from CNN Business. "Along with the Nikola One semi-trailer, the company also revealed plans to release a 520HP 4x4 utility vehicle (UTV) that will boast more than 480 foot pounds of torque with a 125-mile range.

The natural gas can be retrieved through a network of compressed natural gas (CNG) stations throughout the U.S.Combined with the electric motor, 100,000 gallons of natural gas is enough for a million work miles.



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