Hydrogen Fuel Vehicle

Nikola sells 40 hydrogen trucks in Q1 2024

PHOENIX – April 4, 2024 – Nikola Corporation (Nasdaq: NKLA), a company that builds hydrogen and battery-electric trucks, via the HYLA brand, produced 43 and wholesaled 40 Class 8 Nikola hydrogen fuel cell electric vehicles in Q1 of 2024. In addition, the Nikola team has commenced the return process for the BEV “2.0” trucks to customers. The production of these electric trucks marks a significant milestone in the adoption of zero-emission trucks in the US market. 

“We are on track for a successful 2024 by continuing the momentum set in 2023,” said Nikola CEO Steve Girsky. “It’s about more than just setting goals. It’s about following through on our commitments. This includes not only the production and sale of our hydrogen fuel cell electric trucks. It also marks the start of returns for our battery-electric trucks to customers.”

All trucks wholesaled to Nikola dealers are destined for end customers. The three remaining hydrogen fuel cell electric trucks in finished goods inventory at the end of the quarter have already been allocated and will be delivered in early April.

“We anticipate further sales growth in future quarters as our HYLA hydrogen fueling solutions come online. This includes our recently celebrated first modular refueling station in Ontario, Calif., as well as our first Canadian refueling station in Edmonton, Alberta,” continued Girsky. “Leading the effort for industry decarbonization, it’s rewarding for our team to see ourselves on the field.”

The Nikola hydrogen fuel cell and battery-electric vehicles are assembled in Coolidge, Ariz.  

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