Nikola (NKLA) Says Hydrogen Fuel Cell Electric Vehicle Demand Surpasses 200
Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced that Nikola and its dealer network, with most of the agreements between fleets and dealers directly, have surpassed 200 sales orders for the Class 8 Nikola hydrogen fuel cell electric vehicles. The 202 sales orders for the purpose-built heavy-duty trucks represent 18 end customers.
The trucks recently started series production in the Nikola
"This remarkable demand for our hydrogen fuel cell electric truck confirms the industry's trend toward sustainable transportation solutions," said
Nikola's first-mover hydrogen fuel cell electric truck features a range of up to 500 miles and an estimated fueling time of approximately 20 minutes* and is expected to have among the longest ranges of all commercially available zero tailpipe emission Class 8 trucks. Nikola's hydrogen fuel cell electric truck is well-suited for a variety of applications ranging from drayage and intermodal to metro-regional truckload and less-than-truckload to certain specialized hauling use cases.
The California Air Resources Board ("CARB") Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project ("HVIP") program further accelerated securing a majority of the 202 sales orders. Nikola became HVIP eligible in 2023, which enables Nikola's hydrogen fuel cell electric truck customers to access a point-of-sale incentive starting at
An additional incentive for Nikola customers is the New Jersey Zero-Emission Incentive Program (NJ-ZIP) voucher pilot for medium- and heavy-duty vehicles. This program, launched by the N.J. Economic Development Authority, provides a
"These sales orders reflect momentum in the industry, with businesses increasingly prioritizing zero-emissions alternatives to fulfill their environmental, social, and governance goals and responding to the incentives available," continued Lohscheller. "Nikola is proud to be paving the way for more innovative and sustainable commercial transportation solutions in support of a cleaner future. This is only the beginning."
Nikola is anticipating significant growth in
Furthermore Nikola is eligible for the Clean BC Go Electric Rebates in the province of
* Refueling time estimate depends on the characteristics of the hydrogen fueling location, including fueling hardware and software protocol, fuel quantity, and fueling conditions.
