Nikola Reports Details on North America Fuel Cell Vehicle Program | Nikola Reports Details on North America Fuel Cell Vehicle ProgramFinancial Buzz

Nikola Reports Details on North America Fuel Cell Vehicle Program

Nikola Corporation (NASDAQ: NKLA) has reported details on its North American hydrogen fuel cell electric vehicle commercial truck program.  Nikola will introduce FCEV variant of the Nikola Tre Cabover and the long range Nikola Two FCEV Sleeper in the North American market.  “To expedite the transition to a carbon-free future, the trucking industry needs heavy-duty, zero-emission commercial vehicles engineered to match the weight and range capabilities of today’s diesel trucks. Nikola is excited to introduce additional detail about our portfolio of FCEV trucks and our continued commitment to sustainable commercial transportation,” said Nikola’s Global Head of FCEV Jason Roycht.

The first Tre FCEV prototype builds are planned to begin in Arizona and Ulm, Germany within Q2 2021 with testing and validation of vehicles continuing into 2022.  Production will commence in thesecond half of 2023. 

“Our plan is to enter the market in steps,” said Roycht. “We are building on the current Tre platform with the planned launch of our fuel-cell and hydrogen storage systems in 2023. These systems are designed to be scalable in order to handle the greater power and longer-range requirements for long-haul, which allows for concurrent integration into the chassis design of the Nikola Two FCEV Sleeper. Utilizing common components and systems for hydrogen propulsion will support greater economies of scale and also allow Nikola to continuously expand and adapt our FCEV truck portfolio to address the diverse requirements of commercial trucking.”

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