Nikola claims US$12 billion in hydrogen truck pre-orders

PHOENIX, Ariz. – Hydrogen truck maker Nikola says it has raised another US$210 million and now boasts US$12 billion in pre-orders.

About $380 million of those were for the recently announced Nikola Tre European cabover.

“Once the Nikola Tre arrives in Europe, diesel will finally be on its way out,” said CEO Trevor Milton.

“Now that we are funded and oversubscribed, we are kicking it into high gear and preparing for Nikola World 2019. At Nikola World, you will see the USA Nikola Two prototype in action and be able to step foot in our European Nikola Tre. We also have a few surprises for the show from our powersports division and other new product announcements.”

The company says it will have hydrogen coverage in the U.S., Canada, Europe and Australia by 2028.

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Fantastic Tips To Try For Your Truck Insurance Needs

Insurance companies dictate a range of prices for truck insurance based on state, an individual’s driving record, the vehicle an individual drives and the amount of coverage an individual is looking for, among other factors. Individuals can help themselves to get the best truck insurance rates by considering factors such as the age and model of the vehicle they choose to buy and the kind of coverage they are seeking, as discussed below.

Knowing what coverage you have with truck insurance can help you to understand what exactly you’re paying for. Things like collision coverage can cover damages to your truck but only up to its book value. This kind of insurance carries a deductible. Your premium will be higher if you choose a low deductible.

You can reduce the cost of truck insurance by making sure you don’t buy coverage that you really don’t need. For instance, if you have an older truck with a relatively low replacement value then you may not need comprehensive or collision coverage. Eliminating excess coverage from your policy could lower your premiums considerably.

In order to save the most amount of money on truck insurance, you need to thoroughly check the particular company’s discounts. Every company is going to offer different discounts for different drivers, and they aren’t really obligated to tell you. Do your homework and ask around. You should be able to find some great discounts.

Stay far away from vehicles with the word “sport” included on them. Anything that goes fast is viewed negatively by insurance companies, as these can influence drivers to take more risks, which in turn costs them more money. Steer clear of sporty vehicles unless you want your premiums to get higher.

Know what the different types of coverage are and what types are available to you in your state. There is body and and property liability, uninsured motorist coverage, coverage of medical expenses, collision and comprehensive coverage. Don’t assume your plan includes all types of coverage. Many insurance companies offer a la carte plans.

If you own an older model vehicle, drop your collision coverage. Most policies have a limited amount collision coverage, that will not pay for more than the blue book value. Investigate how much your vehicle is worth, and then figure out how much the added collision coverage will cost you. Paying the extra coverage amount is sometimes not worth your while.

Young drivers can save money on their truck insurance if they register an older driver as a part-time user of their truck. There is no group of drivers subjected to higher insurance premiums than teenagers. However, insurers will be encouraged to see an older, more responsible driver sharing the driving duties with a teenager. They will reduce premiums accordingly in such a situation.

Join a truck club. If you own a classic or a truck that is otherwise desirable in some way, research truck clubs for it. Many of these clubs offer perks for joining. One of these perks is sometimes a discount on your insurance premiums. Just make sure that the benefits of joining the club outweigh anything else you might have to do or pay in order to join.

Before deciding on a truck insurance policy, learn about what each of the options cover. You will be able to obtain great savings if you understand what you actually need in a truck insurance policy. Do you need the towing option? Or did your new truck come with that option? Thoroughly study your policy before signing on the dotted line.

If you have excellent health insurance, consider dropping medical pay from your truck insurance policy. There is no need to pay for the same insurance coverage twice. If your health insurance is good, you probably don’t need it covered by your truck insurance as well. Dropping medical pay from your truck insurance can save you a lot of money.

If you are a younger driver who is being hit with extra insurance charges because of your age, don’t worry too much. Many agencies work with a “good student” discount. This means if you have above a certain GPA and bring in your transcripts you can receive a discount, sometimes a quite substantial one. Make sure not to overlook this opportunity.

Truck Insurance

A great way to save some money on your truck or truck insurance is to drive your vehicle less frequently. Many of today’s best truck insurance companies offer discounts to customers for low-mileage, incentivizing people to keep their trucks parked. If you can walk instead of drive, you can get some good exercise and save money on your insurance.

It is clear that an individual can have some say in the amount of money he or she will pay for truck insurance by considering some of the factors discussed above. These factors should be considered, if possible before the purchase of a vehicle so that the cost of insurance can be realistically anticipated by drivers.

Truck driver “shortage” is creating better opportunities for current and in-training truck drivers

Oregon’s “truck driver shortage” is making things difficult for companies looking to ship their goods, but opening up more, better-paying opportunity for current and new truck drivers.

The Oregon Trucking Association says that the nationwide shortage of truckers is reaching numbers of nearly 50,000, forcing companies to compete for the drivers that are left – because of this, veteran drivers are getting offered higher rates for their services, and truck-drivers-in-training are getting job offers before they even complete their schooling.

“We get calls daily on people needing drivers. Companies I never thought would hire entry-level drivers are now hiring them,” said Amanda Watson, Director of the IITR trucking school in Oregon.

“Everything they [the public] touch, everything they buy, everything they need, and everything they use is on a truck at some point,” said Jana Jarvis, president of the Oregon Trucking Association.

This apparent desperation for drivers has inspired men like James Stanchfield, who used to work for a carpet cleaning company, to begin a new career driving trucks, reported Fox 12 News Oregon.

“I love to drive. I have since I was a little kid. When I get stressed or when I just want to clear my mind, I drive,” said Stanchfield, who says that, once he finishes trucking school, he will be able to snag a job starting at $19 or $20 an hour.

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Truck Insurance Tips – You Need To Know

Having an truck and taking proper care of it is a part of becoming a responsible adult. So whether you’re a teenager who’s just starting to drive or an old pro behind the wheel, the one thing you need more than anything is a great insurance package. Here are some good insurance tips you can use.

Make the most of any discounts your insurance company offers. If you get a new security device, be sure to tell your insurance agent. You may very well be eligible for a discount. If you take a defensive driving course, be sure to let your agent know. It could save you money. If you are taking classes, find out if your truck insurance company provides a student discount.

Move to a rural area. The closer you are to the city, the higher your premiums will be. Accidents, break-ins, and vandalism all increase inside city limits, so premiums have to be higher to cover the damages. The farther away from the city you go, the lower your premiums get.

Installing a security system in your vehicle can lead to big savings on your premium. Theft is a large portion of the risk coverage you get from your insurer, so the lower your risk, the lower the rate your insurance company will charge you. If you have a newer truck, the cost of the installation will often be less than the savings you will receive over the life of the truck.

If you do not drive that many miles each year, look into the low-mileage insurance for your truck. If you put less than 12,000 miles on your truck each year and do not have the low-mileage insurance, you may be losing out on a good bit of extra money each month.

Be aware – there are certain aspects of truck insurance – which each state requires truck owners to have. It is important to know this because you do not want to get in trouble for not having these aspects. If you are unsure of what these requirements are, you may want to contact your truck insurance agent.

Before signing up for an insurance, you should carefully go over the policy. Pay a professional to explain it to you, if you need to. You must know what you will be covered for, in order to assess if you will be getting your money’s worth. If the policy seems written in such a way that does not make it accessible, your insurance company might be trying to hide something.

One tip to lower your truck insurance costs is to keep a good FICO score. Truck insurance companies are starting to look at your score and you will want to have a good one so you can save some extra money. If your score is on the low side work on it to make it higher.

Don’t let just anyone drive your truck. If you let your friend borrow your truck, and they don’t have truck insurance and wreck, it will cause your insurance to go up. In addition, any damages that your policy doesn’t cover, you will end up being responsible for them, not your friend.

You need to contact your insurance company and add your teen to the policy, before allowing him or her to get behind the wheel. If your teen would get into an accident while not on the policy, it could cause you to have to pay for any damages out of your own pocket. It only takes a few minutes to add someone to a policy.

If you are involved in a hit and run accident, you need to report it to your insurance company right away. They will be able to send an insurance adjuster to the scene of the accident. They will take pictures and sometimes they are even able to cut you a check to get your truck repaired right there on the spot.

Call your insurance company before you go to buy a new truck. Truck insurance can be a huge expense when you are making payments on a truck. Leasing a truck often has high insurance rates as well. Know what to expect before you buy, and you will have an easier time budgeting.

Truck Insurance

A great way to save some money on your truck or truck insurance is to drive your vehicle less frequently. Many of today’s best truck insurance companies offer discounts to customers for low-mileage, incentivizing people to keep their trucks parked. If you can walk instead of drive, you can get some good exercise and save money on your insurance.

By using the insurance tips in the above article, you are taking a stand and putting your foot down on paying the inflated rates the insurance companies are charging today. These tips will help you save big, so read them carefully, learn them, and then apply them to experience great savings.

Chain-reaction crash leaves five injured

Five people were hurt on Tuesday in a chain reaction crash involving four passenger cars and a semi truck.

The accident occurred on October 30th at around 11:00 a.m. in Jones County, Georgia.

According to The Telegraph, traffic on Highway 49 was backed up due to bridge construction and a flagger was directing traffic. A line of cars was stopped waiting for their turn when a semi truck coming up the hill was unable to stop in time and crashed into one of the cars, causing a chain reaction crash involving a total of five vehicles.

“I heard a huge crash behind me and then suddenly I got hit and I just remember the semi truck blowing past me and into the ditch. I didn’t know what happened. It was one of those things that happened so fast,” said Jourdan Eich, a motorist involved in the crash who helped pull an older couple from their pickup, which was seriously damaged in the wreck.

A total of five people were transported to the hospital, four with non-life-threatening injuries and one in critical condition. It is not clear whether the truck driver was one of those injured in the accident.

Traffic was backed up on Highway 49 due to the wreck and drivers were advised to avoid the area until around 1:00 p.m. that afternoon.

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