Nikola, an EV startup based in Phoenix, Arizona, witnessed a notable 80% increase in hydrogen-fuel cell truck deliveries in the second quarter, surpassing its own projections. The company delivered 72 Class 8 Nikola hydrogen trucks, showcasing robust demand for these vehicles. This surge in deliveries indicates a positive trend for Nikola as it transitions towards hydrogen-powered trucks, especially after facing setbacks in 2023 due to fires in its battery-powered vehicles. With a target of delivering 300 to 350 units by the year's end, Nikola is making steady progress in the adoption of hydrogen technology. Nikola's recent acquisitions of new customers, such as Walmart Canada and AiLO Logistics, further emphasize the growing interest in its hydrogen trucks. The company's expansion of refueling stations to support these vehicles demonstrates a commitment to establishing a reliable infrastructure for hydrogen-powered transportation. Despite challenges in the EV market, Nikola's strategic focus on hydrogen has contributed to its positive trajectory. The company's decision to implement a 1-for-30 reverse stock split to enhance its share price reflects efforts to strengthen its market position and align with listing requirements.