Nikola and Proterra agree to long-term battery supply for zero-emission Class 8 semi trucks.
Nikola Corporation (Nasdaq: NKLA). a global leader in zero-emission transportation and energy infrastructure solutions, and Proterra Inc (Nasdaq: PTRA), a leading innovator in commercial vehicle electrification technology, announced a strategic, multi-year supply agreement to power Nikola zero-emission semi-trucks with Proterra’s industry-leading battery technology.
Proterra product is expected to be incorporated in the Nikola Tre battery-electric vehicle (BEV) and Tre fuel cell electric vehicle (FCEV). The first Proterra Powered Nikola semi-trucks are expected to be produced in the fourth quarter of 2022, with Proterra delivering prototype systems to Nikola starting in the second quarter of 2022.
Gareth Joyce, Proterra CEO.
Class 8 trucks play a vital role in the U.S. and global economy but today are some of transportation’s worst polluters.
“Decarbonizing the trucking industry is core to Proterra’s mission and we are excited to join Nikola on this journey to help drive heavy-duty trucking to zero-emissions.”
Mark Russell, Nikola CEO.
With the growing demand for the Nikola Tre BEV and FCEV, we have actively pursued battery supply through a dual source strategy.
“We look forward to collaborating with Proterra, which is expected to bring industry-leading heavy-duty EV battery solutions to Nikola’s battery-electric and fuel cell electric vehicle platforms.”
Designed and manufactured in the United States, Proterra battery systems leverage industry-leading energy density and a customizable design to fit within a variety of vehicles.
ABOUT NIKOLA CORPORATION:
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today.
Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
ABOUT PROTERRA
Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications.
With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered, and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. For more information, visit www.proterra.com
Highlights:
- New strategic collaboration expected to power the Nikola Tre BEV and Tre FCEV with Proterra battery technology
- Multi-year supply agreement represents Proterra Powered’s expansion into the Class 8 truck market
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NIKOLA AND PROTERRA AGREE TO LONG-TERM BATTERY SUPPLY FOR ZERO-EMISSION CLASS 8 SEMI TRUCKS, 18 January 2022