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Nikola Motor Raises $100 Million This Month for its Hydrogen-Powered Trucks

Nikola Motor Raises $100 Million This Month for its Hydrogen-Powered Trucks

Nikola Motor Company has announced it raised more than $100 million this month to help the company launch and scale its hydrogen-powered trucks in 2020. The company’s CEO Trevor Milton announced that he anticipates the current month long $200 million C round will be oversubscribed, after Nikola reached $100 million in new funding in just the first week.

Jeremy Carlton2018-08-08 16:57 PT