Arizona-based EV startup Nikola Motor Company recently announced that it will begin taking pre-orders for its upcoming Nikola Badger electric pickup truck later this month. When it’s released, the Nikola Badger will compete with the upcoming GMC Hummer EV, as well as the all-electric Ford F-150 and Tesla Cybertruck.
Company founder and chairman Trevor Milton made the announcement via social media, saying that reservations will open June 29th.
The Nikola Badger will be offered with both a hydrogen fuel cell powertrain, and a battery electric powertrain. Specs include a sprint to 60 mph in 2.9 seconds, 980 pound-feet of torque, and 906 horsepower. The company claims a range of 600 miles when equipped with hydrogen fuel, and 300 miles on battery power alone. Putting the power down will be 4X4 independent wheel drive, with a towing capacity up to 8,000 pounds.
The interior of the Nikola Badger looks to be very high-tech, with a massive touchscreen occupying the center stack and tons of geometric design details. Seating capacity will be capped at five passengers.
In addition to developing the new Nikola Badger EV pickup, the company is also working to build up hydrogen fuel cell infrastructure throughout North America, while expanding to powersport products like ATVs and a jet ski. There are also plans to offer an all-electric semi-truck.
For now, Nikola Motor Company does not have any actual products produced yet. The company aims to build a new factory in Coolidge, Arizona, with construction slated to begin this summer.
Incredibly, the company holds a market value of more than $28 billion, despite having no products or revenue. That means the company is currently worth more than FCA and Ford.
Looking ahead, the Nikola Badger will go head-to-head with the GMC Hummer EV pickup, which will offer one-, two-, and three-motor powertrain setups, with upwards of 1,000 horsepower, 11,500 pound-feet of torque (as explained here), and a 0-to-60 mpg time of three seconds. The GMC Hummer EV was originally slated to debut in May of 2020, but the reveal was delayed as a result of the COVID-19 pandemic.
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Comments
$28 Billion and doesn’t have a single product or service. No wonder we see such swings in the stock market when investors are pouring that kind of money into what is essentially vaporware.
Vaporware with a meaning. Well worth the wait.
Ford motor company has net assets worth over 200 billion. This is like comparing a local corner store to Walmart.
If those specs are real, the world truck and business we know of will be turned upside down…
Gawd, that’s ugly.
They haven’t even shown a working prototype. Hell, not even a clay model.
I don’t understand the recent rise in stock price. GM is arguably at the top of EV development and these baby EV companies have a higher stock price. Makes zero sense.
Am I the only person that thinks Nikola is a complete and utter Scam?
Mr. Milton can live well on $28 billion
The company’s name is Nikola are you kidding me? Totally not copying Tesla at all
They need to go back to the drawing board this look like a FORD with a DODGE grill