Tuesday, April 29, 2025

Nikola Beats Predictions On Q2 Deliveries Of Hydrogen Fuel Cell Trucks

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The H2-powered car maker just lately reported on its deliveries for the second quarter of this 12 months

Nikola just lately introduced that its deliveries of hydrogen gasoline cell vehicles exploded by 80 p.c in the course of the second quarter of this 12 months when in comparison with the primary.

This means a substantial demand for H2-powered trucking

Whereas some have guessed that this may increasingly additionally mirror a transfer away from battery-powered rigs, it’s undoubtedly too early to inform whether or not that’s in actual fact true.  What it does present is a quickly growing demand for these explicit hydrogen gasoline cell rucks on the similar time that battery electrical passenger autos proceed their progress in reputation.

In Q2 2024, the corporate introduced that it had delivered 72 of its Class 8 Nikola H2-powered autos to wholesalers.  This determine was even higher than its personal predictions for its deliveries, which have been within the vary of between 50 and 60 items.  Following the preliminary announcement, Nikola’s inventory costs jumped by 3 p.c.

In Q1 2024, there have been solely 40 hydrogen gasoline cell vehicles delivered

Whereas that actually wasn’t a nasty determine for the primary quarter of the 12 months, it does present the kind of spike Nikola has been experiencing in its deliveries.  In Could, the zero-emission car maker stated that its purpose was to finish the 12 months with a complete of between 300 and 350 deliveries.

– Nikola FCEV Street Blur – Picture Supply: Nikola

The rise in deliveries between the primary and second quarters of the 12 months point out that Nikola could certainly be making significant progress towards reaching its purpose. This may increasingly additionally recommend {that a} rising variety of companies have gotten keen to attempt H2-powered autos as part of their trucking fleets.  That is much more highly effective when contemplating that the corporate had confronted a large recall final 12 months for all its battery-powered autos attributable to a coolant leak that risked inflicting fires.

Buying new clients

hydrogen news ebookThrough the first half of the 12 months, Nikola has made 112 deliveries of its hydrogen gasoline cell vehicles.  At first of the month, it introduced that it had acquired some new clients as properly, together with Walmart Canada.  The car maker has already delivered one among its semis to the retail big.

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