Nikola Motor Company is a pioneer in electric heavy duty applications. Nikola offers both pure electric and also hydrogen electric powertrains to cover class 6-8 in transportation.
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WABCO Makes Strategic Investment in Advancing Electric Commercial Vehicle Sector

WABCO invests $10 Million to acquire 1% equity stake in Nikola Motor Company and signs agreement to accelerate development of industry-leading safety technologies specifically designed for electric trucks

BRUSSELS, Belgium – December 20, 2017 – WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today announced that it has made a $10 million strategic investment in Nikola Motor Company, a leader in the design and manufacturing of hydrogen-electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains headquartered in Salt Lake City, Utah (USA).

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