COOLIDGE — On Thursday, Nikola Corporation held an official groundbreaking ceremony for its manufacturing facility in Coolidge. The facility is located off U.S. Highway 87 at east Houser Rd and Vail Rd.
The first phase of construction is scheduled for completion in late 2021, with the second phase projected to be complete within the following 12-18 months.
The U.S.-based facility represents a capital investment of approximately $600 million (USD) and will initially produce the Nikola Tre and Nikola Two. At full production, the facility is expected to reach approximately 35,000 units annually, running two shifts.
Pinal County was @nikolamotor's groundbreaking earlier today. We are so excited and eager to see all the positive outcomes it will bring @cityofcoolidge and for #pinalcounty! 😁 Move that dirt! pic.twitter.com/KZQXVJn0xJ
— Pinal County AZ 🌵 (@PinalCounty) July 24, 2020
“This has been an incredible journey for Nikola Corporation. We started in our basement six years ago and now we are kicking off this 1 million-square-foot manufacturing facility,” said Trevor Milton, Nikola founder and executive chairman. “The residents of Coolidge will be a huge part of the Nikola story and without the help of Governor Ducey and the Arizona economic development teams, this project would not have been possible in Arizona. These next 12-months will be even more exciting as we see this facility go up and as we add more Arizonans to the Nikola team.”
“The reason our company exists is in support of a sustainable future so everything we do in our manufacturing process and our building site will be done to ensure the smallest environmental footprint possible while making the highest quality, high tech products that will impact the sustainability of the planet,” said Mark Duchesne, Nikola global head of manufacturing.