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Electric truck maker Nikola to build $1B plant in Arizona

Started by Mark Carver , Feb 01 2018 07:10 PM

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#1 Mark Carver

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Posted 01 February 2018 - 07:10 PM

Nikola Motor Company, a developer of hydrogen-powered big rigs, announced on Tuesday that it plans to build a $1 billion plant in Arizona.

Construction of the 500-acre manufacturing facility is scheduled to begin in 2019, and truck production will start in 2021. The company said it will begin transferring its headquarters and research and development operations to Arizona immediately. Nikola expects the plant to create 2,000 new jobs and generate more than $1 billion in capital investment in the region by 2024.

http://www.foxbusine...in-arizona.html

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