Electric Vehicle Start-Up Nikola Has Begun Production of Its First Battery-Electric Semitruck

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Electric Vehicle Start-Up Nikola Has Begun Production of Its First Battery-Electric Semitruck
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Electric heavy-truck startup Nikola announced on Wednesday that it has begun production of the battery-powered version of its electric Tre semitruck at its factory in Coolidge, Arizona, beating rival Tesla's electric semitruck to market.

Nikola expects to deliver between 300 and 500 of the trucks this year before ramping up production to a higher level in 2023.

, Trevor Milton, under an ethical cloud in 2020. The company has cut ties with Milton and has settled all outstanding claims related to his actions, it reiterated on Wednesday.

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