Nikola: Q3 loss but progress on plant

By Aaron Dorman | Pinal Central

COOLIDGE — Nikola Corporation is still on track to complete its Coolidge facility by the end of 2021, company officials say.

In a third-quarter report released Monday, the zero-emissions transportation company said that site preparations had begun in August and that last month, the company began awarding building subcontracts. By the end of November, Nikola expects the site work will include utilities and foundation prep, with construction beginning in December.

“In the third quarter of 2020, Nikola made significant progress on key milestones,” said Mark Russell, Nikola’s chief executive officer. “I look forward to building on our momentum as we execute our strategy and lay the groundwork to become an integrated zero-emissions transportation solutions leader.”

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

November 2020
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30