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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

Toyota Unveils its Next Generation Hydrogen Fuel Cell Truck

Toyota Unveils its Next Generation Hydrogen Fuel Cell Truck

Toyota reinforced its commitment to hydrogen fuel cell technology with the unveiling of its next generation Project Portal 2.0 Class 8 hydrogen-powered truck at a press event today in Michigan.

Eric Walz2018-07-31 11:11 PT