Nikola Wins Order for Thousands of Electric Garbage Trucks
Electric vehicle manufacturer Nikola (NASDAQ: NKLA) has inked a deal with Republic Services (NYSE: RSG) to develop and manufacture 2,500 waste and recycling collection trucks, breaking into a huge potential market for electric vehicles.
Nikola said the order includes 2,500 electrified chassis, with an option to increase the order to 5,000 units. The trucks will have a range of 150 miles and recharge overnight, with Republic expecting to introduce them into its fleet in early 2023.
Image source: Nikola.
Source Fool.com
