Nikola Reports Record Sales of Hydrogen-Powered Trucks in Q3
Key Ideas
- Nikola reported 88 sales of its hydrogen-powered Class 8 electric trucks in the third quarter, meeting its sales guidance.
- Overall, 200 hydrogen fuel cell trucks were wholesaled in the first three quarters of 2024.
- The company remains committed to providing solutions for a zero-emission world, with all trucks assembled in Coolidge, Arizona.
- The addition of the first U.S. dealer-based HYLA modular refueling station marks a positive step towards expanding hydrogen infrastructure.
Nikola, a specialist in hydrogen-powered freight trucks, has achieved a record sales quarter in Q3 by selling 88 of its Class 8 electric trucks. This is in line with their guidance of between 80 and 100 fuel cell units for the quarter. In total, Nikola has sold 200 hydrogen fuel cell trucks in the first three quarters of 2024 and 235 since the truck's launch in Q4 of the previous year. The company's CEO, Steve Girsky, expressed pride in this achievement and highlighted the importance of their mission to pioneer solutions for a zero-emission world. All Nikola trucks are manufactured in Coolidge, Arizona. Additionally, the establishment of the first-ever U.S. dealer-based HYLA modular refueling station demonstrates Nikola's commitment to expanding hydrogen infrastructure, further supporting the growth of hydrogen-powered transportation.