Nikola says open to cooperation with Hyundai Motor on hydrogen technology

SEOUL - U.S. electric commercial truck maker Nikola NKLA.O said it is open to collaborating with Hyundai Motor on hydrogen technology, following a media report it had reached out to the Korean automaker.

In an interview with South Korean newspaper Chosun Ilbo published on Sunday, Trevor Milton, founder of Nikola Corp, said he would like to cooperate with Hyundai. He said he had twice made proposals to Hyundai that were rejected.“Trevor has immense respect for Hyundai and views Hyundai amongst the leaders in hydrogen around the world,” Nikola spokeswoman Nicole Rose said in an emailed statement to Reuters.

A person familiar with Hyundai said that there are no current cooperation talks between the two companies. “If Nikola makes an official offer, Hyundai can consider the proposal,” the person said.

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