Fuel Oil News

Fuel Oil News - January 2017

The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding

Issue link: https://read.dmtmag.com/i/766095

Contents of this Issue


Page 33 of 51

34 JANUARY 2017 | FUEL OIL NEWS | www.fueloilnews.com N ikola Motor Company unveiled its Nikola One electric semi-truck at its Salt Lake City headquarters. The truck utilizes a fully electric drivetrain powered by high-density lithium batteries, the company said. Energy will be sup- plied on-the-go by a hydrogen fuel cell giving the Nikola One a range of 800-1,200 miles while delivering over 1,000 horsepower and 2,000 ft. lbs. of torque--nearly double that of any semi-truck on the road, the company said. The Nikola One leasing program will include unlimited hydro- gen fuel, warranty and scheduled maintenance during a 72-month term. Nikola Motor Company said it had accepted reservations totaling nearly three billion dollars in future orders. "Nikola will build a world-class advanced manufacturing facil- ity which will create thousands of new jobs," said Nikola founder and CEO Trevor Milton. Nikola is currently in discussions with a number of states to decide the location of the manufacturing facility. A location will be determined in the first half of 2017, the company said in a news release. At the launch event on Dec. 1, Milton unveiled Nikola's plan for a network of Nikola hydrogen fueling stations across the U.S. and Canada. Nikola plans to begin construction of its hydrogen fueling stations in January 2018. "The desire to be 100% emission free in the U.S. and Canada is a critical piece of our long-term engineering and environmental efforts, not just in vehicle energy consumption, but also in how energy is produced," Milton said in a statement last summer. "Nikola will produce hydrogen via zero emission solar farms built by Nikola Motor Company. These solar farms will produce over 100 megawatts each and will use electrolysis to create hydrogen from water. Even our manufacturing facilities will be run off of zero emission hydrogen energy," Milton said. At the unveiling in Salt Lake City, Nikola Motor Co. announced Ryder System, Inc., Miami, Fla., as the exclusive nationwide distri- bution and maintenance provider for the Nikola One. Ryder has a network of more than 800 service locations in North America. "We are extremely excited to finally show off the Nikola One to the public for the first time," said Milton. "We couldn't be more thrilled to have one of the best brands in America, Ryder, as our Nikola Motor Co. Unveils Electric Class 8 Truck Nikola One, a zero-emission hydrogen-electric truck, is scheduled to go into production by 2020 The Nikola One truck at the unveiling bore the logo of trucking company U.S. Xpress, Chattanooga, Tenn. The truck was imprinted with the message, "H2 ZERO EMISSION HYDROGEN ELECTRIC". ALL PHOTOS COURTESY OF NIKOLA MOTOR CO.

Articles in this issue

Links on this page

Archives of this issue

view archives of Fuel Oil News - Fuel Oil News - January 2017