Anheuser-Busch orders 800 semi-trucks from Tesla rival Nikola Motor - InvestingChannel

Anheuser-Busch orders 800 semi-trucks from Tesla rival Nikola Motor

Anheuser-Busch (BUD) and Nikola Motor Company announced that America’s leading brewer has placed an order for up to 800 hydrogen-electric powered semi-trucks from the pioneer in hydrogen-electric renewable technology. The zero-emission trucks – which will be able to travel between 500 and 1,200 miles and be refilled within 20 minutes, reducing idle time – are expected to be integrated into Anheuser-Busch’s dedicated fleet beginning in 2020. Through this agreement Anheuser-Busch aims to convert its entire long-haul dedicated fleet to renewable powered trucks by 2025. Nikola’s cutting-edge technology will enable the brewer to achieve this milestone across its long-haul loads, while also helping to improve road safety through the trucks’ advanced surround viewing system. The Fly notes that Nikola Motor is suing Tesla (TSLA) for alleged design patent infringements, saying in a lawsuit that Tesla’s Semi electric heavy duty truck is “substantially” similar to Nikola’s design.