And it has nothing to do with Elon Musk's Tesla.
Meet Nikola Motor Company, which was quietly started a few years ago and specializes in designing and manufacturing electric vehicles, vehicle components, energy storage systems and electric vehicle drivetrains. In case you haven't figured it out, the company's name comes from the one and only Nikola Tesla. Elon Musk, obviously, named his EV car company after the late Serbian-American inventor and electrical engineering genius as well. So Trevor Milton, Founder and CEO of Nikola Motors, took the guy's first name instead.
But Nikola Motor Company isn't a direct competitor of Tesla Motors, or at least not yet. Based in Salt Lake City, Utah, Nikola Motors will debut its 2,000-hp electric semi-truck later this year. It's called the Nikola One. But get this: It isn't entirely electric. It'll also come with a fuel-agnostic turbine that'll send power to the battery. What's more, the Nikola One will have the supposed ability to operate at half the cost per mile of today's diesel trucks. The standard truck, however, will have a natural gas tank instead of the turbine. More importantly, the Nikola One will have the ability to go 1,200 miles in between fill-ups. Not interested in semi-trucks?
How about the Nikola Zero? This is a lightweight off-roader with 520 hp and 100 to 150 miles of range. The first prototypes will be shown later this year. "This is just the beginning of what's ahead for America, our company, and the electric vehicle market," Milton stated.