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Anheuser-Busch orders 800 Nikola hydrogen electric trucks

“Anheuser-Busch and Nikola announced today that the potent-potable giant has placed an order for 800 hydrogen fuel cell trucks. It’s part of A-B’s desire to move its fleet entirely to renewable energy by 2025. In that same time period, it hopes to reduce its per-beverage carbon footprint by 25 percent.

“All of Anheuser-Busch’s eggs aren’t in the same basket. The company also placed an order for 40 battery-electric Tesla Semis in December. Those orders require $20,000 deposits per truck, so it makes sense that A-B’s Tesla order would be much smaller. Nikola announced in April that it would no longer require deposits, and that it would refund those who already put deposits down. The company uses the net value of its preorders, currently somewhere in the $9 billion range, in its marketing material.”

FULL STORY Published May 3, 2018 via CNET