Nikola Corporation Achieves Record Sales Quarter for Hydrogen Fuel Cell Electric Trucks
Key Ideas
  • Nikola Corporation, a global leader in zero-emissions transportation, wholesaled 88 Class 8 hydrogen fuel cell electric trucks in Q3 2024, hitting a record sales quarter.
  • The company has wholesaled a total of 200 hydrogen fuel cell trucks in the first three quarters of 2024 and 235 since the truck was introduced in Q4 of the previous year.
  • Nikola's CEO, Steve Girsky, highlighted the company's focus on pioneering solutions for a zero-emission world and noted the addition of a U.S. dealer-based HYLA modular refueling station.
  • All Nikola trucks are assembled in Coolidge, Arizona, reflecting the company's commitment to sustainable practices and driving the advancement of the hydrogen refueling ecosystem.
Nikola Corporation, based in Phoenix, Arizona, reported a successful Q3 2024 with record sales of 88 Class 8 hydrogen fuel cell electric trucks wholesaled under the HYLA brand. This achievement falls within the company's truck sales guidance range for the quarter, demonstrating Nikola's commitment to zero-emissions transportation solutions. The total number of hydrogen fuel cell trucks wholesaled by Nikola in 2024 reached 200 units, further solidifying its position in the market with a total of 235 units sold since the product launch in the previous year. Nikola's CEO, Steve Girsky, emphasized the company's mission to pioneer solutions for a sustainable future, highlighting the introduction of a U.S. dealer-based HYLA modular refueling station alongside the truck sales. The manufacturing of all Nikola trucks in Coolidge, Arizona, signifies their dedication to sustainable practices and driving advancements in the hydrogen refueling ecosystem. Despite market challenges, Nikola remains focused on its goal of transforming transportation and over-the-road freight services with a range of Class 8 vehicles, including battery-electric and hydrogen fuel cell electric trucks.
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