At a two-day investor event, the company detailed how it will double annual revenues by 2030 with increased margins by rapidly scaling EV manufacturing, adopting a dual-platform strategy for hardware and software, and creating new businesses and technologies like BrightDrop and Ultra Cruise.
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The companies will collaborate in applying Twaice’s analytics software to help Pepper Motion put around 1200 buses and trucks on the road with its technology by 2023.
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While scaling back its zero-emission commercial vehicle production outlook, Nikola also detailed its North American and hydrogen battery-electric and fuel-cell-electric vehicle commercial truck plans.
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The soon-to-go-public California-based company will supply startup electric truck maker Volta’s Zero and Komatsu on its first battery-electric middle-class hydraulic excavator concept.
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The partnerships will commercialize photopolymer films and projection technology for transparent mobility display applications, including augmented reality infotainment and advertising, on the front, side, and rear vehicle windows.
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