Nikola
Nikola Corporation is an integrated provider of zero-emissions transportation systems, focusing on the design and manufacture of battery-electric and hydrogen-electric vehicles, along with electric vehicle drivetrains, components, energy storage systems, and hydrogen fueling infrastructure. Founded in 2015 and headquartered in Phoenix, Arizona, Nikola aims to transform the transportation industry by delivering environmentally sustainable solutions. The company operates through two main business units: Truck and Energy. The Truck unit concentrates on producing and selling fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs), while the Energy unit develops and constructs a network of hydrogen fueling stations. Nikola also creates electric vehicle solutions for military and recreational applications, further diversifying its market presence.
Wabash Valley Resources LLC, incorporated in 2016 and based in West Terre Haute, Indiana, specializes in the production and distribution of anhydrous ammonia. The company primarily serves local industrial and agricultural users by providing a reliable source of nitrogen for their fields at competitive prices. In addition to its ammonia manufacturing, Wabash Valley Resources is focused on developing sustainable solutions aimed at reducing carbon emissions and fostering a hydrogen economy. The company stores anhydrous ammonia at its facility to ensure efficient delivery to its clients.
Free Form Factory, Inc. is a Sacramento, California-based company that designs, produces, and sells innovative watercraft, focusing on both recreational and professional water sports. The company aims to transform the industry by utilizing a proprietary HULKLITE™ polymer and a patented manufacturing process, which replaces traditional fiberglass methods with more environmentally friendly practices. This shift not only enhances durability but also aligns with sustainability goals. Among its notable products is the all-electric Gratis X1, which operates without exhaust or fuel, allowing for unrestricted access to some of the most pristine waterways. As a subsidiary of Nikola Powersports, Free Form Factory is committed to delivering high-quality and high-performance watercraft while promoting greener alternatives in the water sports sector.
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