After a year-long search in 30 locations across nine states, Nikola Motor Co. selected Buckeye for its hydrogen-electric semi-truck manufacturing headquarters facility. 

The 500-acre, 1 million-square-foot facility will be located at Sun Valley Parkway on the west side of Phoenix. It is expected to bring over $1 billion in capital investment and over 2,000 jobs to the region by 2024.

"Nikola Motor Co.’s selection of Arizona demonstrates that we are leading the charge when it comes to attracting innovative, industry-disrupting companies,” Gov. Doug Ducey said. “This incredible new technology will revolutionize transportation, and we’re very proud it will be engineered right here in Arizona."

Nikola Motor Co. founder and CEO Trevor Milton said the transition of R&D to the new facilities would likely occur in October. The project is expected to be completed by the end of 2019.

Also attending the announcement were Mike Ingram, founder and chairman of El Dorado Partners; Jerry Colangelo, co-founder of JDM Partners; Buckeye Mayor Jackie Meck; Arizona Commerce Authority President and CEO Sandra Watson; and Greater Phoenix Economic Council President and CEO Chris Camacho.