Nikola Motor Company has signed a $16m order to purchase equipment for the first phrase of its fuel cell development laboratory.
The order represents the initial instalment in an overall investment plan that totals several hundred million dollars.
“It is critical that we move fast and have the best equipment as part of our truck development process,” said Mark Russell, Nikola Motor Company President.
“By creating our own facility, Nikola will be able to test and validate its fuel cell components in half the time it would take other OEMs and third-party labs,” Russell continued.
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