PHOENIX, Sept. 1, 2021 /PRNewswire/ -- Nikola
Corporation (NASDAQ: NKLA), a leading designer and
manufacturer of heavy-duty commercial battery-electric vehicles
(BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure
solutions, announced today the continued expansion of its Class 8
truck sales and service coverage with the addition of Quinn
Company, a leading provider of on-highway truck service and
construction equipment in the Central and Southern California regions. The
addition of Quinn Company to the Nikola dealer network will include
sales and service facilities across 15 counties.
Quinn Company is uniquely positioned via its infrastructure,
expertise and sales and service coverage to support the rapid
growth of zero-emission commercial vehicles for all classes of
trucks in an area of the country that is experiencing rapid testing
and adoption of this technology.
"Given California's ambitious forward-looking goals to
transition to zero-emission vehicles, our dealer development team
has been highly focused on securing best-in-class dealer coverage
to support customers in this highly progressive environment," said
Nikola's President of Energy and Commercial Pablo Koziner. "With over 100 years of
experience, Quinn Company has a deep understanding of how important
exceptional sales and service is to the customer. We are thrilled
to add Quinn Company to our growing sales and service dealer
network."
Founded in 1919, Quinn Company has built an outstanding
reputation in the Central and Southern
California regions while servicing thousands of
customers.
Nikola plans to continue building its dealer network to secure
customer coverage from coast to coast. Most recently, Nikola
announced a network expansion into the northeastern US with Alta
Equipment Group. This announcement expanded on the previously
announced list of 116 dealer locations.
ABOUT NIKOLA CORPORATION
Nikola Corporation is globally transforming the transportation
industry. As a designer and manufacturer of zero-emission
battery-electric and hydrogen-electric vehicles, electric vehicle
drivetrains, vehicle components, energy storage systems, and
hydrogen station infrastructure, Nikola is driven to revolutionize
the economic and environmental impact of commerce as we know it
today. Founded in 2015, Nikola Corporation is headquartered in
Phoenix, Arizona. For more
information, visit www.nikolamotor.com or
Twitter @nikolamotor.
FORWARD LOOKING STATEMENTS
Certain statements included in this press release that are not
historical facts are forward-looking statements for purposes of the
safe harbor provisions under the Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as "believe," "may," "will," "estimate,"
"continue," "anticipate," "intend," "expect," "should," "would,"
"plan," "predict," "potential," "seem," "seek," "future,"
"outlook," and similar expressions that predict or indicate future
events or trends or that are not statements of historical matters.
These forward-looking statements include, but are not limited to,
statements regarding the potential benefits of the Quinn Company
strategic partnership, including the ability to provide customers
with superior sales and service in the targeted regions; the
partnerships expected benefits as a result of the Quinn Company's
long-term business experience; the company's expectations regarding
its business, business model and strategy; the company's
expectations for its trucks and market acceptance of electric
trucks, both BEV and FCEV; and market opportunity. These statements
are based on various assumptions, whether or not identified in this
press release, and on the current expectations of Nikola's
management and are not predictions of actual performance.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements, including but not limited to,
design and manufacturing changes and delays; failure to realize the
anticipated benefits of the definitive agreements; general
economic, financial, legal, regulatory, political and business
conditions and changes in domestic and foreign markets; the
potential effects of COVID-19; the outcome of legal, regulatory and
judicial proceedings to which Nikola is, or may become a party;
demand for and customer acceptance of Nikola's trucks; risks
associated with development and testing of fuel cell power modules
and hydrogen storage systems; risks related to the rollout of
Nikola's business and the timing of expected business milestones;
the effects of competition on Nikola's future business; the
availability of capital; risks associated with changes in
accounting treatment or accounting standards; and the other risks
detailed from time to time in Nikola's reports filed with the
Securities and Exchange Commission, including its annual report on
Form 10-Q for the quarter ended June 30,
2021 and other documents Nikola files with the SEC. If any
of these risks materialize or our assumptions prove incorrect,
actual results could differ materially from the results implied by
these forward-looking statements. These forward-looking statements
speak only as of the date hereof and Nikola specifically disclaims
any obligation to update these forward-looking statements.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/nikola-expands-sales-and-service-coverage-in-southern-california-301367539.html
SOURCE Nikola Corporation