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Nikola Motor Receives Over 7,000 Preorders Worth Over $2.3 Billion For Its Electric Truck (electrek.co)
An anonymous reader writes: Last month, Nikola Motor unveiled the design of its first product -- an electric truck with a natural gas range extender called 'Nikola One.' The 'Nikola One' comes equipped with a massive 320 kWh battery pack that the company hopes can allow it to travel up to 1,200 miles with the natural gas range extender. Today, the company announced it has received over 7,000 pre-orders with deposits for the electric truck since its unveiling. CEO Trevor Milton says the pre-orders are worth over $2.3 billion. Milton said in a press release this morning: "Our technology is 10-15 years ahead of any other OEM in fuel efficiencies, MPG and emissions. We are the only OEM to have a near zero emission truck and still outperform diesel trucks running at 80,000 pounds. To have over 7,000 reservations totaling more than 2.3 billion dollars, with five months remaining until our unveiling ceremony, is unprecedented." Some other features of the truck include: 6x6 100% electric drive, zero idle, many times cleaner than diesel engines, half the fuel cost per mile compared to diesel, 3,700 FT. LBS Torque, 2,000 horsepower, one million miles fuel free, regenerative braking, and never plug-in feature as the turbine charges the batteries automatically while driving. This may sound familiar as the Tesla Model 3 received over 115,000 preorders worth $115 million in just 24 hours after its unveiling.