The California company Total Transportation Services Inc. has issued a letter of intent to purchase 100 battery-electric vehicles (BEVs) from electric startup Nikola, whose Nilola Tre BEV is designed for local deliveries up to 350 miles.
Nikola’s recent dealership network expansion brings the number of Nikola sales and service locations up to 116 across the United States.
Nikola and RIG360 expect to finalize distribution plans and agreements in the coming months in order to fully support customers in the sale and service of the Nikola Tre BEV.
A new agreement between General Motors and Nikola shifts the focus to electrified heavy-duty trucks, with GM no longer planning to build the electric Badger pickup truck for Nikola.
Nikola, which has yet to sell a truck, saw its market valuation surged to $31 billion — higher than Fiat Chrysler and Ford — in its first week of public trading.
A high-tech trailer belongs with a futuristic tractor, the builder seemed to state by its presence at Nikola World, says Senior Contributing Editor Tom Berg.
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