Nikola stops work on electric watercraft and ATV projects
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“We still own the NZT and WAV rights and have put the projects on pause. We may consider moving forward with them at a later time,” a spokesperson tells The Verge. “Right now we are focusing on commercial trucking and hydrogen infrastructure.”
Photos by Sean O’Kane / The Verge
Nikola started pursuing an electric watercraft back in 2017 after it bought up one of the more promising startups working on the idea. The off-road vehicle was a hybrid of sorts, mixing dune buggy styling with the kinds of comforts found in passenger cars, like air conditioning. Nikola was promising the so-called NZT vehicle would get 590 horsepower and 150 miles of range. It was supposed to come to market this year at a starting price of $80,000.
Update February 25th, 10:30PM ET: Added information about the cost of shuttering the Powersports division.
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