hydrogen fueling stations

Nikola stats show H2-powered trucking is for real

Nikola has delivered 75 hydrogen-powered fuel cell trucks to customers. It has an order bank that should begin to produce meaningful revenue. Now it is producing statistical evidence that hydrogen-powered trucking is not just for show.

At two industry conferences this week and in data shared first with Truck Tech, Nikola revealed it has:

  • Completed 1,666 hydrogen fill-ups at three mobile refuelers in Coolidge, Arizona, as well as Ontario and Long Beach, California.
  • Dispensed 60.54 tons of...

https://www.freightwaves.com/news/nikola-stats-show-h2-powered-trucking-is-for-real

Hydrogen’s newsy week skips over underlying  challenges

News releases this week about Nikola’s fourth energy division president in less than two years, the company’s first Hyla-branded modular hydrogen fueler for fuel cell trucks, and Hyzon Motors’ development agreement for fuel cell refuse trucks skirted some underlying issues.

Nikola touted the ability to serve up to 40 Class 8 trucks a day with about 50 kilograms of hydrogen. It’s enough to get a zero-emissions truck from Southern to Northern California — about 400 miles depending on the...

https://www.freightwaves.com/news/hydrogens-newsy-week-skips-over-underlying-challenges

Exclusive: Nikola CEO Girsky upbeat despite myriad challenges

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

In his career as a Wall Street analyst, an adviser to the United Auto Workers and a vice chairman of...

https://www.freightwaves.com/news/exclusive-nikola-ceo-girsky-upbeat-despite-myriad-challenges

Real estate investors surge into electric truck charging

Somewhere around the middle of the Netflix movie “The Founder,” actor Michael Keaton’s Ray Kroc character is told that his franchise success turns on real estate, not flipping hamburgers.

The same could be said of the nascent electric truck charging business. Every electric charging depot needs land. As part of a multiprong strategy, the biggest real estate developers and a host of well-funded startups are gobbling up acreage for future sites.

The opportunity is enormous. The California Energy...

https://www.freightwaves.com/news/real-estate-investors-surge-into-electric-truck-charging

Nikola’s energy president resigns

Carey Mendes, who led the branding of Nikola Corp.’s hydrogen business and signed a deal to get financing for up to 50 hydrogen fueling stations, has resigned from the electric truck and hydrogen distribution developer.

The company announced the departure in a one-sentence filing with the Securities and Exchange Commission on Friday. Nikola did not publicly name a successor.

Mendes became president of energy less than a year ago. He joined the electric truck and hydrogen distributor as the global...

https://www.freightwaves.com/news/nikolas-energy-president-resigns

Nikola surpassess 200 orders for hydrogen fuel cell trucks

Nikola Corp., experiencing a rare week of positive news, said Wednesday it has 202 orders for hydrogen-powered fuel cell electric vehicles (FCEVs), a milestone unmatched in the nascent field for the zero-emission trucks.

The order bank covers bookings by 18 end users, some of which are trying out the trucks in demonstration programs. Most of the agreements are direct deals between fleets and Nikola dealers. Series production is underway at Nikola’s plant in Coolidge, Arizona. Deliveries are...

https://www.freightwaves.com/news/nikola-surpassess-200-orders-for-hydrogen-fuel-cell-trucks

Nikola cashes out European JV and refocuses on fuel cells at home

Cash-strapped Nikola Corp. is selling its stake in a European joint venture with Iveco Group for $35 million and 20.6 million shares of Nikola stock. It will prioritize hydrogen and fuel cell trucks in North America and phase out battery-electric models except for special orders.

The end of the joint venture, formed in 2019 when CNH Industrial invested $250 million in cash and partial ownership of a plant in Ulm, Germany, far from ends the relationship.

Iveco gets a license to keep developing...

https://www.freightwaves.com/news/nikola-cashes-out-european-jv-and-refocuses-on-fuel-cells-at-home

Nikola gets financial partner for 50 hydrogen stations

ANAHEIM, Calif. — Financially struggling Nikola Corp. is getting up to $1 billion for 50 of its planned hydrogen fueling stations. Well-funded infrastructure developer Voltera Inc. agreed to build the stations under a five-year agreement

The stations are a critical piece to Nikola realizing its goal of building and fueling zero-emission fuel cell trucks. Nikola is targeting the fourth quarter to deliver its first production Tre fuel cell electric vehicles (FCEVs).

The first of 50 stations should...

https://www.freightwaves.com/news/nikola-gets-financial-partner-for-50-hydrogen-stations

Nikola matures as an electric truck manufacturer

COOLIDGE, Ariz. — Electric truck and hydrogen maker Nikola Corp.’s financial struggles — a  near-record-low stock price, weak cash position and inability to access reasonably priced capital — feed legitimate concerns about its survival. But visit the plant about an hour east of Phoenix and you come away with a different take.

First, the L-shaped production line is full across all 15 assembly stations. Nikola is capable of building five or six Class 8 battery-electric vehicles (BEVs) a day....

https://www.freightwaves.com/news/nikola-matures-as-an-electric-truck-manufacturer

Twisting Torc Robotics toward autonomous commercialization

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-13’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-13’); });

When Michael Fleming decided in August to hand over the CEO role at Torc Robotics, it appeared...

https://www.freightwaves.com/news/twisting-torc-robotics-toward-autonomous-commercialization

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.