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Nikola Corporation of Phoenix, Arizona, designs and builds hydrogen fuel cell and battery electric trucks for commercial freight.
Founded in 2014 and headquartered in Phoenix, Arizona, Nikola Corporation makes hydrogen fuel cell and battery electric trucks for long-distance commercial transport, aimed at logistics and fleet operators in North America and Europe. Stephen Girsky is CEO. In March 2023 the company raised USD 33.50 mn in a private placement of shares at USD 1.12 each on NASDAQ, and it reported revenue of USD 35.84 mn in 2023. The funds are to be used for its manufacturing facility in Coolidge, Arizona.
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