Nikola starts ramping up hydrogen truck sales over Q1

Ahead of its official Q1 financial result presentation, Nikola Motor has revealed its production numbers: The company has produced 43 and wholesaled 40 of its Class 8 hydrogen fuel cell electric trucks in Q1 2024.

Image: Nikola Motor

The delivery numbers are particularly notable, as they are higher in the first quarter than the number that Nikola Motor delivered over the whole year of 2023. Even more impressively, this was after the former CEO Trevor Milton was sentenced to jail time in the USA. In addition to revealing its production and delivery numbers, the Nikola team also commenced the return process for the BEV “2.0” trucks to customers. Nikola will report its Q1 financial results and business updates on May 7 via a conference call and webcast.

“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 but also the start of returns for our battery-electric trucks to customers.”

The results are not necessarily final, however, as Nikola notes at the bottom of its press release: “Nikola has not completed its quarterly review process or the preparation of its financial statements for the first quarter ended March 31, 2024. Nikola will announce information regarding Q1 2024 financial results soon.”

Nikola has been busy ramping up an entire hydrogen ecosystem in the US, having opened a hydrogen refuelling station in California in February, as well as announcing another major customer in March. (Q1 financial announcement),


about „Nikola starts ramping up hydrogen truck sales over Q1“
Rajinder Singh Brar
23.04.2024 um 03:22
Nikola is future of the hydrogen charismatic reality. Good luck.
23.04.2024 um 11:19
NKLA will Dominate the World Market
Howard Stapleton
24.04.2024 um 01:20
It truly is the future…. Very sharp…clean..,, and if governments are serious about clean energy….this is a big step
Jesse Terrance Thomas
24.04.2024 um 02:49
2024 will be there best year yet hydrogen will be there key to successful future jl
24.04.2024 um 11:12
Right now it is a gamble but if they succeed, the sky is the limit.
Willie Faison
24.04.2024 um 20:17
It's an investment opportunity that will truly change the lives of the investors who stick with this Company and it's employees who are truly on a climate changing mission!!!
24.04.2024 um 23:37
What is the price range of these trucks?

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