Expressing his enthusiasm for the progress of the company, Trevor Milton, Founder and Executive Chairman of Nikola, said: “It has been an incredible journey for Nikola Corporation. We started in our basement six years ago and now we are starting this 1 million square foot manufacturing plant. “
If Nikola’s development from the Arizona manufacturing plant remains on track, the Nikola Tre and Nikola Two won’t roll off the assembly line until 2023, but investors won’t have to wait that long to view vehicles in the hands of customers. Nikola plans to produce the first Nikola Tre vehicles in Germany with its partner IVECO. Management expects production of the vehicles to start in the first quarter of 2021, with deliveries starting later in the year.
News of Nikola’s Arizona breakthrough today follows soon after Tesla (NASDAQ: TSLA) confirmed yesterday during its second quarter 2020 earnings call that it will produce its Semi in the new Gigafactory in Texas. In addition, Tesla has confirmed its intention to achieve volume production of the Semi in 2021.