# Nikola

**Source:** https://www.startuphub.ai/startups/nikola
**Profile type:** Startup

> Electric and hydrogen-electric vehicle developer.

## About

Hyroad Energy is a hydrogen infrastructure platform focused on decarbonizing long-haul trucking. They provide hydrogen-powered Class-8 trucks through a comprehensive trucking-as-a-service solution, including fuel supply, maintenance, and a transparent $/mile pricing model. Their goal is to make hydrogen available at trucking hubs and arteries at a cost competitive with alternative fuels.

## Key facts

- **Slug:** nikola
- **Website:** https://hyroadenergy.com
- **Location:** Phoenix, Arizona, USA
- **Founded:** 2014-09-01 00:00:00
- **Employees:** 3000
- **Operating status:** Active
- **Total funding:** $3.4B
- **Sectors / tags:** Automotive, Transportation, Cleantech, Energy
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/nikola-motor-company/
  - Twitter: https://twitter.com/nikolamotor
  - Facebook: https://www.facebook.com/nikolamotorcompany/

## Frequently asked

### What does Nikola do?

Hyroad Energy is a hydrogen infrastructure platform focused on decarbonizing long-haul trucking. They provide hydrogen-powered Class-8 trucks through a comprehensive trucking-as-a-service solution, including fuel supply, maintenance, and a transparent $/mile pricing model. Their goal is to make hydrogen available at trucking hubs and arteries at a cost competitive with alternative fuels.

### What is Nikola's revenue?

StartupHub estimates Nikola's annual revenue at $763.0M (range $463.1M to $2.1B, 68% confidence), based on comparable companies in the sector.

### What is Nikola's valuation?

StartupHub estimates Nikola's effective valuation at $136.7M (range $106.5M to $1.8B, 55% confidence), based on comparable companies in the sector.

### How much funding has Nikola raised?

Nikola has raised a total of $3.4B in funding. The most recent round on record is Unknown.

### Where is Nikola headquartered?

Nikola is headquartered in Phoenix, Arizona, USA.

### When was Nikola founded?

Nikola was founded in 2014.

### What industry does Nikola operate in?

Nikola operates in Automotive, Transportation, Cleantech, Energy.

### How many employees does Nikola have?

Nikola has approximately 3000 people on record.

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