Nikola Corp. (NKLA) announced a minimum order of 2,500 electrified refuse trucks from Republic Services, expandable up to 5,000. The order is to begin full production deliveries in 2023. Republic Services expects to realize significant operating cost savings and environmental benefits from these trucks.
"This partnership significantly accelerates Republic Services' progress in fleet innovation to drive profitable growth, reduce emissions, enhance customer loyalty and create long-term shareholder value," said Jon Vander Ark, president.
In the previous year, Republic Services set a long-term sustainability goal to reduce greenhouse gas emissions by 35%.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.