Nikola Motor Company, founded in 2014 and based in Salt Lake City, Utah, is an electric vehicle manufacturer that specializes in developing hydrogen fuel cells, battery electric trucks, and energy solutions. The company aims to transform the transportation industry by introducing innovative technologies focused on zero-emission vehicles. Nikola gained prominence for its plans to create long-haul commercial trucks powered by hydrogen fuel cells, with capabilities for ranges up to 1,200 miles. Additionally, Nikola Motor Company has proposed building a hydrogen refueling infrastructure to support its fleet, reflecting its commitment to sustainability and disruption in the trucking sector. As a subsidiary of Nikola Corporation, the company continues to focus on advancing electric powertrains and promoting environmentally friendly transportation solutions.
Romeo Power is a battery technology company that creates energy-dense battery packs. Its cutting-edge consumer, industrial, and electric vehicle (EV) battery systems deliver more energy in the most efficient manner. The company was founded in 2015 and is headquartered in Vernon, California.
Wabash Valley Resources
Corporate Round in 2021
Wabash Valley Resources develops innovative and effective solutions to manufacture, store, and deliver hydrogen energy worldwide.
VectoIQ
Acquisition in 2020
VectoIQ is an advisory firm based in New York City, founded in 2016. The company specializes in assisting technology-driven enterprises in the smart transportation sector, with a focus on autonomous vehicles and mobility solutions. VectoIQ has positioned itself as a key partner for organizations navigating the transition to mobility as a service and the development of an autonomous vehicle society. In June 2020, the firm gained prominence through a reverse merger with Nikola Motor, further solidifying its role in the evolving landscape of transportation technology.
Free Form Factory
Acquisition in 2017
Free Form Factory, Inc. is a company based in Sacramento, California, that specializes in producing and selling innovative watercraft. The company aims to transform the recreational and professional water sports industry with its environmentally friendly products. Utilizing proprietary HULKLITE™ polymer material and a patented manufacturing process, Free Form Factory focuses on creating high-quality, high-performance watercraft. One of its notable products is the all-electric Gratis X1, which is designed to operate without exhaust or fuel, allowing access to pristine waterways where traditional internal combustion watercraft may be restricted. By moving away from labor-intensive and toxic fiberglass manufacturing, Free Form Factory emphasizes sustainable practices in its production process.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.