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Nikola Corporation announced that it was awarded a Sourcewell contract, which grants public agencies in the U.S. easier access to the company’s Class 8 battery-electric and hydrogen fuel-cell zero-emission trucks. Sourcewell is a self-funded government organization that has created a cooperative purchasing program wi
On August 12, Nikola Corp. announced that it continues to deliver HYLA refueling solutions to support volume ramp-up for its Class 8 hydrogen fuel cell electric trucks in Southern Calif, with the opening of the latest one off the 5 Freeway in Santa Fe Springs.
This strategic location, together with its Ontario and Lo
On August 9, Nikola Corp. reported revenue of USD 31.32 million in Q2 2024, up 318% from Q1 and an increase of 103.9% from the USD 15.36 million in the same period in 2023, resulting in a net loss of USD (133.67) million and adjusted EBITDA of USD (109.37) million.
In Q2, Nikola exceeded the high-end of the guidance
On July 30, Nikola Corp., together with ITD Industries, opened the first commercial hydrogen refueling station for the heavy-duty transportation sector in Ontario, Canada.
The station, located at ITD Industries’ headquarters in Etobicoke, Ontario, uses a 700-bar pressure-fill system, allowing hydrogen fuel to be dis
On July 2, Nikola Corporation announced it had wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks in Q2 2024, above the high end of truck sales guidance of 60 units.
For the first half of 2024, Nikola wholesaled 112 hydrogen fuel cell trucks.
"We have maintained our 2024 momentum with solid wholesale numbers, n
On June 27, Nikola Motor announced that Walmart Canada’s new hydrogen fuel cell-powered electric semi-truck is now on the roads in Mississauga, Ontario as the retailer works towards a 100% alternatively-powered fleet.
Operating with zero tailpipe emissions, the Nikola Hydrogen Fuel Cell EV Class 8 tractor has a range
On May 21, at the ACT Expo 2024, Nikola Corp. announced that AiLO Logistics, a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has placed a 100-truck order of Nikola hydrogen fuel cell electric vehicles (FCEVs) with deliveries scheduled for 2025.
“Having a prominent and mission-driven cust
On May 8, Nikola Corp. announced the opening of its latest HYLA high-pressure modular refueling station and facility in Southern California.
Situated near the Port of Long Beach, this launch is yet another pivotal milestone in Nikola’s strategic plan, aiming to establish a network of up to nine refueling solutions by
On May 6, Nikola reported it wholesaled 40 hydrogen fuel cell electric trucks (FCEVs) in Q1 2024, above the high-end of the guidance range.
While gross revenues grew 14.8% Q/Q to USD 15.5 million in Q1, Nikola’s net loss from continuing operations was USD (147.72) million compared to USD (145.25) million in the same
On April 4, Nikola reported it had produced 43 and wholesaled 40 Class 8 Nikola hydrogen fuel cell electric vehicles in Q1 2024.
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.
In addition,
On March 21, Nikola Corp. announced the grand opening of its inaugural HYLA high-pressure modular refueling station and facility in Southern California.
The celebration welcomed fleet customers, dealers from Nikola's sales and service network, government officials, industry press and members of the Nikola leadership
On March 7, Nikola Corp. marked a significant milestone as IMC, the largest marine drayage company in the U.S., unveiled the inaugural livery that will adorn its fleet of 50 Nikola hydrogen fuel cell electric trucks.
IMC initiated the purchase of 50 Nikola hydrogen fuel cell electric trucks through Tom’s Truck Cente
On February 22, Nikola Corporation reported financial results and business updates for the fourth quarter and full year ended December 31, 2023.
Nikola had USD 11.5 million in revenue in Q4 2023 vs. USD 5.5 million in Q4 2022, and USD 35.8 million for all of 2023 vs. 49.7 million in 2022.
Nikola had a net loss of USD
On February 7, Nikola Corporation announced that it is the first commercial vehicle in North America to integrate what3words, a precise location technology that aims to provide confidence in Nikola customers in the accuracy of their addresses.
This advanced technology will be incorporated into Nikola’s Class 8 zero-e
On February 5, Nikola Corp. announced the opening of its first HYLA hydrogen refueling station in Southern California.
Featuring an advanced modular fueler, the station in Ontario, California will be capable of fueling up to 40 Nikola hydrogen fuel cell electric Class 8 trucks daily.
he new station is part of a stra
On January 4, Nikola Corp. announced that it produced 42 and wholesaled 35 Class 8 Nikola hydrogen fuel cell electric vehicles (FCEVs) during 2023.
Of the seven trucks produced but not wholesaled, three are being used in an extended field test with a fleet partner, two are in continued validation and engineering and
On December 18, Nikola Corp. founder Trevor Milton was sentenced to four years in prison for lying to investors about the company’s hydrogen and electric truck technology.
The sentence is less than the 11-year sentence federal prosecutors were seeking, and significantly lower than the 60-year maximum penalty.
In Oct
On November 2, Nikola Corp. reported financial results and business updates for the quarter ended September 30, 2023.
Nikola produced no trucks in Q3 2023 vs. 75 trucks in Q3 2022 at its plant in Coolidge, Arizona.
It delivered 3 trucks in Q3 2023 vs. 63 trucks in Q3 2022.
Nikola had a net loss from operations of US
On August 11, Nikola Corp. announced the preliminary results of its battery pack investigation and as a precautionary measure, is voluntarily recalling 209 Class 8 Tre BEV trucks.
Nikola is currently in the process of filing this voluntary recall with the U.S. National Highway Traffic Safety Administration (NHTSA) an
On August 4, Nikola Corp. reported financial results and business updates for the quarter ended June 30, 2023.
The company produced 33 BEV trucks and delivered 45 BEV trucks to wholesalers, with 66 retail sales, in the second quarter, resulting in revenue of USD 15.36 million.
Nikola recorded a net loss of USD (217.8
