New investment helps Nikola advance development of hydrogen fuel truck
from Hydrogen Fuel News
WABCO Holdings, a commercial vehicle technology and service provider, has announced that it will be investing in the Nikola Motor Company. Nikola is a relatively new startup that is focused on the development of clean commercial vehicles. The company has plans to compete with other automakers that intend to launch electric semi-trucks. Unlike others, however, Nikola will be powering its new trucks with hydrogen fuel cells. WABCO has invested some $10 million to support this endeavor.
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