Nikola Corporation has recently produced 42 Class 8 Nikola hydrogen fuel cell electric trucks. Now out of these, 35 were sold wholesale to customers in the United States and Canada, indicating a growing interest and market acceptance for modern technology in the heavy-duty truck segment. This achievement is particularly noteworthy considering the company’s past challenges, including the controversy surrounding a faked working prototype nearly seven years ago.
Hydrogen-powered vehicles, like the Nikola Class 8 truck, operate on a fundamentally different principle compared to traditional electric vehicles. While standard EVs run on batteries charged by electric grids, hydrogen-powered vehicles utilize fuel cells.
These fuel cells convert hydrogen gas into an electric current, offering a clean energy source with water vapor as the only emission. This technology not only supports environmental sustainability but also provides a practical solution for long-range transportation needs.
The Nikola Tre FCEV model, which is the only production hydrogen electric Class 8 truck on American roads today, boasts a range of up to 500 miles. This range positions it among the longest of all commercially available zero tailpipe emission Class 8 trucks. Moreover, the estimated fueling time of about 20 minutes significantly enhances its practicality for long-haul trucking, addressing one of the major concerns often associated with electric vehicles.
Of the seven trucks that Nikola manufactured but did not wholesale, three are currently being used in an extended field test. These field tests are crucial for gathering real-world data and insights, which are essential for further development and refinement of the technology. Rest two of them are in continued validation and engineering, and two are being used for service training and customer demonstrations. These activities are crucial for refining the technology and ensuring that the trucks meet the high standards required for commercial use.
Nikola’s journey to this point has been fraught with challenges. The company faced significant scrutiny and setbacks following the revelation that a prototype showcased in 2016 was not actually operational. This incident led to legal troubles for its then-CEO Trevor Milton and cast doubt on the company’s viability. However, Nikola has since worked to rebuild its reputation and deliver on its promises, culminating in the commercial launch of the Tre FCEV.
The production of these trucks has had a positive impact on Nikola’s market performance. Shares in the company rose by more than 13% following the announcement, indicating renewed investor confidence. This turnaround is a testament to Nikola’s resilience and commitment to innovation in the face of adversity.
Nikola’s FCEV features versatile applications, ranging from drayage and intermodal to metro-regional truckload and less-than-truckload to certain specialized hauling use cases. The truck’s uptime in customer pilot programs has shown strong results, with a 98% uptime rate, which is crucial for efficient fleet usage.
Assembled in Coolidge, Arizona, the FCEV commenced serial production on July 31, 2023, with the commercial launch taking place on September 28. This launch represents a new era in transportation, setting the stage for the widespread adoption of hydrogen fuel cell technology in the trucking industry.
Nikola Corporation is not just contributing to the advancement of electric vehicle technology but is also shaping the future of the trucking industry. The company’s focus on hydrogen fuel cell technology, combined with the practical design and capabilities of its Class 8 truck, positions it as a leader in the quest for cleaner, more efficient commercial transportation solutions.