It’s forecasting zero revenue for 2020 and its first $1 billion year won’t be until 2023. 1 goal is stable growth over time," Trevor Milton, Nikola’s executive chairman, said in an emailed statement. (Also read: No beef with Elon Musk, says multi-billionaire Nikola founder)A spokesperson for the company said Nikola will announce a partner in the near future, without giving more specifics. VectoIQ Acquisition, the company Nikola merged with, is led by Steve Girsky, a former GM vice chairman who helped lead the carmaker out of bankruptcy. It’s expecting to reach full production of about 30,000 fuel cell-electric vehicles in 2027 and 15,000 battery-electric vehicles the following year.

Source: Hindustan Times June 09, 2020 03:11 UTC