|Bid||0.00 x 124500|
|Ask||0.00 x 73800|
|Day's Range||66.17 - 66.63|
|52 Week Range||59.01 - 73.23|
|PE Ratio (TTM)||7.20|
|Dividend & Yield||3.47 (4.45%)|
|1y Target Est||N/A|
Bosch, the German auto components supplier, is partnering with startup Nikola Motor Co to bring two hydrogen-electric, long-haul, heavy-duty truck models to market by 2021, the companies said on Tuesday. The market for electric medium- and heavy-duty trucks is in its infancy, but has drawn a growing crowd of competitors. Manufacturers such as Daimler and Navistar International Corp, as well as electric car maker Tesla Inc and a host of other new entrants, are racing to overcome the challenges of substituting batteries for diesel engines as regulators crack down on carbon dioxide and soot pollution.
Experts say electric vehicles could bring widespread disruption and dramatically shrink the number of carmakers.
The Zacks Analyst Blog Highlights: Tesla, Honda Motor, BMW, Volkswagen and Daimler