They did not initially reveal the pricing information, until now.While none of these electric pickup trucks are actually on sale yet, there are several competitive models that are promised to arrive within the next 1-2 years.The truck will have a maximum power output of 906 horsepower and 980 lb-ft of torque. The Nikola Badger, a New Fuel-Cell Pickup, Starts Preorders June 29 . Jonathon Ramsey. Courtesy of Nikola Nikola stock rallied 11% on Monday, snapping a brutal streak during which shares fell 8 of the past 10 days, losing 45% of their value.
Nikola Founder Has $7.4 Billion Fortune on Free Truck Orders Tesla has accepted reservations for models before the company started production, including for …
The startup plans to begin accepting "limited reservations" in 2020.The contenders now include the Tesla Cybertruck, General Motors' GMC Hummer, an electric Ford F-150 and a pickup made by Ford-backed startup Rivian.Nikola Corp. – the battery- and hydrogen-powered truck company that has positioned itself as a rival to Tesla – on Monday announced plans to make an electric pickup.Nikola CEO Trevor Milton released a statement implying that the company is translating technology from its hydrogen-powered semi-truck, which is still in development, into the pickup.“I have been working on this pickup program for years and believe the market is now ready for something that can handle a full day’s worth of work without running out of energy," Milton said.
Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey.The Badger joins a growing list of electric pickups promised by an array of established and start-up automakers.Tesla and GM have said they plan to make their electric pickups beginning in late 2021, while Rivian has said it plans to make the R1T beginning in late 2020. No other electric pickup can operate in these temperatures and conditions.”Phoenix-based Nikola has attracted attention for its ambitious expansion plans and bold claims of technological advancements, including a recent announcement that it has achieved a "game-changing" breakthrough in battery technology.The Nikola Badger will have a battery-only range of 300 miles or a range of 600 miles on a battery plus a hydrogen fuel tank. Nikola Motor founder and CEO Trevor Milton also announced that the electric class 8 semi-truck, dubbed "Nikola One" will be unveiled Dec. 2 in Salt Lake City. As we wait for the production version of the Nikola electric semi, the Phoenix startup has announced its Badger EV pickup truck, with a fuel-cell version. "This electric truck can be used for work, weekend getaways, towing, off-roading or to hit the ski slopes without performance loss. The natural gas can be retrieved through a network of compressed natural gas (CNG) stations throughout the U.S.A full side view of the Nikola One.Along with the Nikola One semi-trailer, the company also revealed plans to release a 520HP 4x4 utility vehicle (UTV) that will boast more than 480 foot pounds of torque with a 125-mile range. of torque, 20 inches of suspension travel on all four wheels and a 125-mile range.The Nikola Zero will retail for $42,000. Unlike anything on the market, the advanced electric pickup is designed to target and exceed every electric or petrol pickup in its class. The semi-trailer will sport a 320 kilowatt hour (kWh) lithium-ion battery pack, along with a 150-gallon fuel-agnostic turbine, which can be configured to run on various kinds of fuel, including diesel or petroleum. "You only use what [horsepower] you need, but when you need it, it comes in handy for safety and performance," the spokesperson said.The interior of the Nikola One semi-trailer.The Nikola Motor Co. is offering the first 5,000 reservations for the Nikola One 100,000 gallons of free natural gas, which the company said is enough for 1 million miles worth of travel.
The first 5,000 vehicle reservations will get a $5,000 discount on the suggested retail price, the company said.Combined with the electric motor, 100,000 gallons of natural gas is enough for a million work miles. Nikola’s stock price dropped 10.62%, or $7.55, on Friday to close at $63.55, amid a broad market sell-off on rising fears of the economic effects of Covid-19 closures. Nikola Badger electric truck reservations open this month.
The shares closed Friday at $63.55, up 87% since their listing, and rose as much as 7.4% shortly after the start of regular trading Monday.Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Even in the innovative world of electric vehicles, it’s an unusual proposition: Plunk down as much as $5,000 now to reserve the right in a few years to buy a battery-powered truck, before seeing a prototype or manufacturing plan to assure it’ll ever be built.
Nikola, which announced the Badger pickup truck was coming last week, saw its share price pop just shortly after going public. The UTV project, dubbed "Nikola Zero," is a 100% electric-powered, zero-emission, four-passenger, side-by-side that boasts over 520 HP, 480 ft. lbs. With a fuel cell system onboard as well, the Badger is supposed to go 600 miles.
It’ll also pack a whopping 980 lb-ft of torque, and be able to tow up to 8,000 pounds. Electric chargers are finally getting more available across the country, but hydrogen refueling infrastructure is still nowhere near available outside large cities in California.Nikola Motor company revealed first renderings and specifications of a future Badger all-electric pickup truck this week.