Nikola shares surge more than 22% on garbage truck order for Republic Services
The order includes 2,500 electrified chassis, with the option to increase the order up to 5,000 units, the aspiring zero-emissions truck manufacturer said in a release. The company expects manufacturing and testing of the trucks to being in early 2022, followed by deliveries in 2023.
Nikola founder and Executive Chairman Trevor Milton in a statement said the "refuse market is one of the most stable markets in the industry and provides long-term shareholder value."according to a release
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