If things go according to plan, Nikola Motors (NASDAQ: NKLA) will soon be helping to keep the skies over the City of Angels a little clearer. The company announced today that it signed a letter of intent with Total Transportation Services (TTSI), a port trucking company in Southern California, for a vehicle trial that could lead to an order of as many as 100 Class 8 battery-electric vehicle (BEV) and fuel-cell electric vehicle (FCEV) semi-trucks that will operate at the Port of Los Angeles/Long Beach.
To start, Nikola will provide four trucks -- two BEVs and two FCEVs -- in the first half of 2022. Should the vehicle trial be a success and TTSI is able to obtain government funding, Nikola will deliver 30 BEVs later in 2022 and 70 FCEVs in early 2023. Financial terms of the deal were not disclosed.
The Port of Los Angeles. Image source: Getty Images.
For further details see:
Nikola Receives an Order for 100 Zero-Emission Trucks