Nikola Motor Logs 7,000 Pre-Orders For Nikola One Electric Semi Truck

10 months ago by Eric Loveday 37

Nikola One

Nikola One

In a press release and via Twitter, Nikola Motor Company declared that it has received over 7,000 truck reservations with deposits for its upcoming Nikola One (details).

Nikola Motors Tweet

Nikola Motors Tweet

Nikola Motors is rather proud of these figures, stating:

“Nikola (pronounced Neek-oh-la) Motor Company Founder and CEO Trevor Milton today announced that $2.3 billion in reservations have been generated in the first month, totaling more than 7,000 truck reservations with deposits. The company announced last month that it will launch an electric class 8 semi-truck, dubbed “Nikola One.”

The CEO stated:

“Our technology is 10-15 years ahead of any other OEM in fuel efficiencies, MPG and emissions. We are the only OEM to have a near zero emission truck and still outperform diesel trucks running at 80,000 pounds. To have over 7,000 reservations totaling more than 2.3 billion dollars, with five months remaining until our unveiling ceremony, is unprecedented.”

Of course, the Nikola One exists only on paper right now, but an official unveiling date has been announced:

December 2, 2016 Event

More details will be released soon regarding the December 2 unveiling of the Nikola One. The event will also be simulcast on nikolamotor.com for those not able to attend.

Here are some on paper details for Nikola One:

Nikola Electric Truck Vs Traditional Diesel

Nikola Electric Truck Vs Traditional Diesel

Additional details on Nikola One here.

Full press release below:

Nikola Motor Company Generates $2.3 Billion in Pre-Sales in First Month
Working electric truck prototype to be unveiled on December 2, 2016 in Salt Lake City

SALT LAKE CITY. June 13, 2016– Nikola (pronounced Neek-oh-la) Motor Company Founder and CEO Trevor Milton today announced that $2.3 billion in reservations have been generated in the first month, totaling more than 7,000 truck reservations with deposits. The company announced last month that it will launch an electric class 8 semi-truck, dubbed “Nikola One.”

“Our technology is 10-15 years ahead of any other OEM in fuel efficiencies, MPG and emissions. We are the only OEM to have a near zero emission truck and still outperform diesel trucks running at 80,000 pounds. To have over 7,000 reservations totaling more than 2.3 billion dollars, with five months remaining until our unveiling ceremony, is unprecedented,” said Milton.

The Nikola One truck leasing program costs $4000 to $5000 per month, depending on which truck configuration and options the customer chooses. The first million miles of fuel is included with every truck sale, offsetting 100% of the monthly lease for every owner. An average diesel burns over $400,000 in fuel and racks up over $100,000 in maintenance costs over 1,000,000 miles. These costs are eliminated with the Nikola One lease.

“We believe we will pass the current market leaders like Daimler, PACCAR, Volvo and Navistar in sales orders within the next 12-24 months. Just imagine the orders that will come in once we begin taking dealer applications. We have shown other OEMs and their shareholders why they should be nervous about Nikola Motor Company. Some of the top class 8 dealerships in America have reached out and are willing to either add our brand or move away from their existing brands,” he added.

Nikola Motor Company has already completed a seed round of funding and is working on funding a $300 million A round to be completed by December 2016.

For complete product details on the Nikola One, visit www.nikolamotor.com.

December 2, 2016 Event

More details will be released soon regarding the December 2 unveiling of the Nikola One. The event will also be simulcast on nikolamotor.com for those not able to attend.

Reservation holders will receive an invite to attend the event in Salt Lake City, along with certain fleets and leasing companies. If you represent a fleet and want to be invited for exclusive meet and greets with the Nikola team, email vip@nikolamotor.com.

Media representatives will receive invitations from Robar PR, crobar@robarpr.com.

About Nikola Motor Company

Nikola Motor Company designs and manufactures electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains. NMC is led by its visionary CEO Trevor Milton (twitter: @nikolatrevor), who has assembled one of the most talented teams in the country to bring the Nikola products to market. The company is privately-held. For more information, visit nikolamotor.com or Twitter: @nikolamotor.

Hat tip to Mark H!

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37 responses to "Nikola Motor Logs 7,000 Pre-Orders For Nikola One Electric Semi Truck"

  1. suresh says:

    anyone have links to any video about design or plan?

    1. kdawg says:

      scroll to the middle of the page

      https://nikolamotor.com/one

  2. kdawg says:

    I think the interesting part about the Nikola One is the Turbine.

    “The turbine outputs nearly 400 kilowatts (kW) of clean energy straight to the batteries, keeping them charged – a powerhouse unlike any the world has seen before. This proprietary turbine has the ability to turn on and off within seconds – another first in the transportation industry. The turbine is also fuel agnostic, allowing customers to order it in multiple versions: diesel, gasoline or clean burning natural gas.”

    1. Doggydogworld says:

      This turbine sounds a lot like Capstone’s C370, a DOE-funded project to develop a 370 kW twin-shaft microturbine which uses recuperation to achieve 42% thermal efficiency.

      http://energy.gov/eere/amo/articles/capstone-turbine-project

      Unfortunately their turbine wheel can’t handle the high temps for long, so much work remains. Also, 42% is a bit less than semi-truck diesel engines, so their claimed MPG improvement must come primarily from aero mods.

  3. no comment says:

    there is so much puffery in this announcement that it doesn’t seem credible. it is an interesting vehicle concept, though.

    in any event, this appears to be a series hybrid with no plug but relies on the turbine to recharge the batteries. in order to achieve “zero emissions” you would have to go for the cng option and rely on their planned network of cng filling stations.

    it sounds like a really good idea in that it achieves low emissions without the time penalty disadvantages of battery recharging (something very important to a truck driver). but it relies on two comparatively low energy density power sources: batteries and cng (although cng isn’t exactly “zero emissions”). i’ve got to wonder about the conditions under which you would get 1,200 miles while pulling a load.

    1. Aaron says:

      Reading through the entire description, it DOES have a plug that you can use to top off the batteries. They certainly aren’t emphasizing it, though.

      1. no comment says:

        i see. they perceive that the primary use for the plug is to allow you to power the vehicle while you’re sleeping so that you don’t have to run the turbine. given the number of trucks that overnight at highway rest stops, you would need provisions for quite a number of plug in stations.

        1. pjwood1 says:

          These provisions are not unheard of. I met a guy lobbying for an existing business, that provides cool/hot air, cable and electric hook-up for trucks at rest stops. Sort of like drive-ins used to feature speakers you’d place in/near the car window. The business was predicated on it being cheaper to pay for the service, than the diesel to idle your truck.

          1. pjwood1 says:

            https://www.idleair.com/
            Interesting stuff, and perhaps easy to add a 240V line.

  4. Loboc says:

    Yet another vaporware EV (PHEV actually). Announcing a Dec 2016 ‘launch’ seems aggressive with no prototype yet.

    I’ll believe when I can pick one up in Springfield MO.

    1. Pushmi-Pullyu says:

      Yup. This company seems to be following the Faraway Faraday Future model: taking the name of a famous pioneer of electrical engineering, showing a slick CGI image of something that exists only on paper; and promising to put something into production in an unbelievably short time when they don’t even have a working prototype. Oh, and their claim of $2.3 billion in reservations? Not credible at all. Not even slightly.

      And Tesla Motors is, again, sincerely flattered. 😉

      But will this company ever produce anything more than vaporware? My advice is: Don’t hold your breath.

  5. KumarP says:

    Calling this an electric vehicle seems deceptive.

    1. no comment says:

      why?

  6. Josh Bryant says:

    Where is all that CNG stored?

    They claim a 800 – 1200 mile range. Just to make the math easy, I said that it has twice the range of the diesel. It also has twice the efficiency (based on their numbers), which means it needs to carry roughly the same amount of energy. Let’s use 100 gallons diesel equivalent for the low end of the range figure.

    Getting my energy conversions from here: http://www.afdc.energy.gov/fuels/fuel_comparison_chart.pdf

    100 gallons * 139.3 ft^3 CNG per gallon = 13930 ft ^ 3 total

    Now lets say they had room for a 10 ft diameter pressure vessel (which is massive). 2 * Pi (3.14159) * R (5 ft) = 31.4 ft^2.

    So 13930 ft^3 / 31.4 ft^2 would leave us a length of 443 ft!

    Please tell me I missed something here.

    1. Josh Bryant says:

      need to fix this with area not perimeter, my bad

    2. Josh Bryant says:

      After fixing my poor math, I still get 177 ft in length. I am missing something here.

      1. Mike I says:

        You need to account for compression of CNG or LNG. I believe the ft^3 value is at STP (standard temperature & pressure). You would need to find out how many lb/ft^3 of CNG at normal tank pressures then do the math on how many lb of CNG you need to get the range.

        1. Josh Bryant says:

          Ah ok, that makes more sense. I guess I had assumed that the Energy.gov data was after compression.

        2. Bill Howland says:

          LNG is fairly incompressible.

    3. georges says:

      @Josh
      are your density numbers for CNG or LNG?

      We know that LNG is already being used in some long haul trucks. They HAVE to use LNG in order to keep the tank volume down.

    4. mr. M says:

      I don’t know where your CNG figure comes from but a simple google search lead me to CNG = 2,1 kWh/l and diesel = 9,8 kWh/l

      Math by thumb rule gives me a tank that is 4-5 times as big a a diesel tank or has around 4500 l capacity. Certainly possible, but a lot of area. 4500 l could be stored in a cubic box with roughly 1.7 m edge lenght.

      Don’t know the size in feet though.

  7. georges says:

    put a plug on it and use a high efficiency cng diesel. as an old gas turbine guy I doubt they can get better cycle efficiency with the turbine and the diesel would probably be lower cost.

    cool concept. I hope they succeed

    1. shane says:

      Turbines can have very good efficiency IF they can stay at their peak efficiency point. In this concept, that seems possible- just run the turbine at it’s optimum power/efficiency point to cover “average” load, and let the batteries handle the peaks and valleys. Turbines have very high power density (why aviation uses them), but typically have very poor efficiency at low power. Seems like an interesting concept – but their are lots and lots of details to work out.

      1. georges says:

        Yes Shane I agree that gas turbines—in general and barring any VTN’s–have poor part load efficiency and that this concept would allow us to run at peak power more.

        However with respect to cycle efficiency at full power the key on the gas turbine is running a high turbine inlet temp and that requires fairly exotic materials and that drives the cost up.

        If I was in charge of this project I’d just go out and buy the highest efficiency diesel and run it on LNG. It would be bullet proof right out of the box. Get better fuel efficiency and cost less….IMO and based on my experience.

        But if the GT guys can finally make it happen. Hats off. I’m all for it.

  8. Jason says:

    They are taking the Wrightspeed approach and applying it to a transport truck. I believe this is the only way to for heavy vehicles and the weight of battery required for EV only would prohibitively cut down on the payload capacity of the vehicle.

    Much of the specs on https://nikolamotor.com/ make the truck seem too good to be true, but I really hope my skepticism is misplaced, as this tech could have a bigger and faster impact on CO2 reduction than EVs in the consumer market. In the commercial world money is the only thing that matters and this tech should be a strong value proposition because of the immense fuel and maintenance savings. In the consumer market EVs still cost too much to be properly compelling on cost of ownership alone (for now). Consumer EVs rely on factors like being techy, accel quickly, charge at home, and environmentally friendly.

    1. Pushmi-Pullyu says:

      Jason said:

      “Much of the specs on https://nikolamotor.com/ make the truck seem too good to be true…”

      Not exactly a surprise, given the level of hype that runs all thru this press release.

      It’s easy to make promises about a design which exists only on paper. It’s not necessary to make any of those inconvenient compromises which happen when you try to make something that will both work in the real world, and is affordable to build in a commercial vehicle.

      Or, to be more succinct: It’s vaporware.

      1. georges says:

        @PMPU
        “Or, to be more succinct: It’s vaporware.”

        It looks that way but you never know. I think it’s a good concept though.

        1. Leslie Graham says:

          It’s obvious where we are going.
          Maybe this is over-hyped but within 20 years electric rigs will be the majority.
          Would have happened 30 years ago if the carbon corporations weren’t in control of policy.

          1. Pushmi-Pullyu says:

            I certainly hope that most new vehicles, including heavy trucks, will be pure electric vehicles 20 years from now. But this isn’t a concept for a pure EV. It’s a concept for a serial hybrid powered by CNG (Compressed Natural Gas). An EV, yes; but not a BEV.

            Natural gas is certainly a “cleaner” fuel than diesel, and the exhaust is much less dangerous to human health, but it’s still burning fossil fuel.

    2. Jamcl3 says:

      Yes, it looks like the Wrightspeed drivetrain, except I have never seen Wrightspeed applied to drive the front wheels before.

  9. ModernMarvelFan says:

    Impressive. Let us hope it gets built..

  10. Chris O says:

    This has fraud written all over it. Copy all the things that investors like about Tesla, like the (no doubt in this case fake) stories about long reservation lists (nay, even better:actual pre-orders!), twitter messages to hype things up, they even sort of copied the name and now they expect investors to give them their money based on some CGI pictures?

    1. no comment says:

      right. tesla? nikola? get it? lol!

    2. Pushmi-Pullyu says:

      Chris O said:

      “…they even sort of copied the name and now they expect investors to give them their money based on some CGI pictures?”

      I get the impression their “business plan” consists of copying what Faraday Future is doing as closely as possible, but with a different type of vaporware vehicle.

    3. Leslie Graham says:

      You do realise you sound completely unhinged right?
      It’s over for ICE engines. It’s just a matter of time now. And not much time at that.
      Geez – it’s not as if we have a choice is it?
      You have heard of climate change right?

      1. Pushmi-Pullyu says:

        Leslie Graham said:

        “You do realise you sound completely unhinged right?”

        No, he doesn’t. Not at all. In fact, if there’s anyone who has written a post here that reads even remotely close to “completely unhinged”, it’s the guy who looks back at you from the mirror.

        Expressing skepticism about a startup with extraordinary claims, and no prototype to show, demonstrates common sense… something noticeably lacking in your post.

  11. Martin Winlow says:

    It is not ‘electric’ you complete moron – it is a HYBRID!

    How hard is it to understand the difference?!!!