Nikola Corp. (NASDAQ: NKLA) will break ground on a plant in Coolidge, Arizona, on July 23 that initially will employ 2,000 workers building battery-electric Class 8 trucks.
Nikola Executive Chairman Trevor Milton on Friday. The plant, which is expected to take 12-18 months to construct, eventually will build 35,000 battery and hydrogen fuel cell electric trucks annually, a Nikola spokeswoman said.
The startup, which became a publicly traded company via a reverse merger on June 4, is competing...
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