Trevor Milton, Nikola CEO and founder of electric truck concern, Nikola Motor Company, at an event held at its WestWorld facility in Scottsdale, said the company was actively pursuing hydrogen as a ubiquitous fuel for its electric vehicles and that it had just committed to making an initial investment of USD16m to build Nikola's new fuel cell development laboratory and that staged investments in the new facility was expected to exceed several hundred million dollars.

After announcing development of a hydrogen-electric truck for European markets back in November, the electric vehicle pioneer, Nikola Motor Company unveiled Nikola Tre at a major event held at its WestWorld facility in Scottsdale.