$200 Million

Nikola Motor Company

Private Placement

Sole Placement Agent, November 2018

Nikola Motor Company designs and manufactures electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains. The company is focused on building a hydrogen-electric class 8 Semi truck for the long haul trucking market with a unique business model focused on providing customers a bundled product solution (truck, fuelling and service and maintenance) resulting in a 15% - 20% total ownership cost savings. Nikola is collaborating with several industry leaders to execute its plan, including a key co-development partnership with Bosch