Phoenix, AZ – According to filings with the U.S. Securities and Exchange Commission, Nikola Motor Company is raising $300,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mark Russell played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Nikola Motor Company
Nikola is a technology disruptor and integrator, working to develop innovative energy and transportation solutions. We are pioneering a business model that will enable corporate customers to integrate next-generation truck technology, hydrogen fueling infrastructure and maintenance. By creating this ecosystem, Nikola and its strategic business partners and suppliers can pave the way as global leaders in zero-emission transportation and, together, leave the world a better place.

To learn more about Nikola Motor Company, visit http://nikolamotor.com/

Contact:
Mark Russell, Chief Executive Officer
480-666-1038
mark.russell@nikolamotor.com

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