Nikola's Q1 2024 Hydrogen Fuel Cell Truck Production and Sales

Phoenix, United State- Nikola Corporation., a zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, as the business manufactured forty Class 8 Nikola hydrogen fuel cell electric vehicles and sold them in wholesale. Furthermore, the Nikola group has started the process of returning the BEV "2.0" trucks to their owners.

Mr. Steve Girsky, Nikola CEO, said that, If we maintain the pace from 2023, we should have a prosperous 2024. Setting goals isn't the only thing to consider. It's about keeping our end of the bargain. This covers not just the manufacturing and distribution of our hydrogen fuel cell electric trucks but also the beginning of customer returns for our battery-electric trucks.

Every truck that is supplied in bulk to Nikola dealers is intended for final users. At the conclusion of the quarter, there were just three hydrogen fuel cell electric trucks left in completed goods inventory. These trucks have already been assigned, and delivery is scheduled for early April.

Future quarters should see continued sales increase as our HYLA hydrogen fuelling systems become operational. This includes our first Canadian refueling station in Edmonton, Alberta, and our recently celebrated first modular refueling station in Ontario, California, Girsky went on. Seeing us out in the field, spearheading the industry's decarbonization drive, is satisfying for our staff.