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Nikola's Tre EV Qualifies as a Zero-Emission Vehicle In California

By Sam Boughedda AiVIF.com — Shares of Nikola Corp (NASDAQ:NKLA) rose 3.7% Thursday on the news its Tre battery-electric vehicle has been approved for the Hybrid and...
Nikola's Tre EV Qualifies as a Zero-Emission Vehicle  In California © Reuters

By Sam Boughedda

AiVIF.com — Shares of Nikola Corp (NASDAQ:NKLA) rose 3.7% Thursday on the news its Tre battery-electric vehicle has been approved for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program by the California Air Resources Board.

Nikola shares touched a high of $11.45 following the announcement.

The approval means buyers of the Nikola Tre can qualify for an incentive valued at $120,000 per truck. The incentive helps reduce the total cost of ownership for customers in California.

"We applaud CARB's commitment to a greener future through the HVIP program," said Michael Erickson, Nikola's global head, battery-electric vehicles.

"Our HVIP approval is anticipated to help dramatically reduce greenhouse gas emissions and lowers the total cost of ownership for Nikola's California-based customers."

Last week Saia Inc (NASDAQ:SAIA) said it had signed a letter of intent to purchase or lease 100 Nikola Tre, while on Tuesday, Covenant logistics said it had signed a letter of intent to add 50 of the vehicles to its fleet.

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25-01-2022 08:59:15 (UTC+7)

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 EUR/USD1.1275↑ Buy
 GBP/USD1.3467↑ Buy
 USD/JPY113.90↑ Sell
 AUD/USD0.7132↑ Buy
 USD/CAD1.2643Sell
 EUR/JPY128.43Neutral
 EUR/CHF1.0358↑ Sell
 Gold1,842.60Neutral
 Silver23.742Buy
 Copper4.4218↑ Buy
 Crude Oil WTI83.78↑ Buy
 Brent Oil86.00↑ Buy
 Natural Gas3.845↑ Buy
 US Coffee C237.55↑ Buy
 Euro Stoxx 504,075.15Neutral
 S&P 5004,410.13↑ Buy
 DAX15,084.93↑ Sell
 FTSE 1007,364.30↑ Buy
 Hang Seng24,243.61↑ Buy
 Small Cap 20002,030.04↑ Buy
 IBEX 358,497.08Neutral
 BASF65.290↑ Buy
 Bayer50.91↑ Buy
 Allianz220.18Sell
 Adidas238.18Neutral
 Lufthansa6.677↑ Sell
 Siemens AG137.37↑ Sell
 Deutsche Bank AG10.978↑ Buy
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# So hôm qua # Chênh TG
SJC Eximbank6,195/ 6,245
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SJC Hanoi6,190/ 6,257
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SJC Danang6,190/ 6,257
(40/ 45) # 1,213
SJC Nhatrang6,190/ 6,257
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SJC Cantho6,190/ 6,257
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