Written by Cláudio Afonso | LinkedIn | X
The Arizona-based Nikola Corporation announced on Tuesday that wholesaled 72 units of its Class 8 Nikola hydrogen fuel cell truck model in the second quarter of the year. In the first half of the year, sales of hydrogen trucks reached 112 units.
The shares of the company plummeted to a new all-time low on Monday at $7.36 per share resulting in a market cap of about $330 million.
In a statement, Nikola’s chief executive Steve Girsky mentioned the recently delivered truck to one of its fleet customers, Walmart Canada.
“We have maintained our 2024 momentum with solid wholesale numbers, new customers such as Walmart Canada, and repeat customers like 4GEN and IMC, purchasing vehicles through our dealer network,” Girsky stated.
“We are firmly on the field and are continuing to secure our first-mover advantage in zero-emissions Class 8 trucks in North America, as well as with our HYLA hydrogen refueling solutions,” he added.
In a new interview on the “Cleared Hot Podcast”, Trevor Milton, the founder and former CEO of Nikola, broke his silence for the first time since his departure from the company.
In the in-depth interview, which took more than two and a half hours, the former chief executive addressed his legal battles, the pressures of leading a publicly traded company, and the personal challenges he faced during his tenure.
Last Thursday, Nikola announced that Walmart Canada has integrated the first Nikola hydrogen fuel cell electric semi-truck into its fleet. Walmart Canada is the first retail fleet in North America to operate a hydrogen fuel cell electric truck.
Earlier in the week, the company announced that its hydrogen fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs) have collectively surpassed 2.5 million miles driven across North America.
On the social media platform X, Nikola stated, “We are ecstatic to support Walmart Canada as the first major retailer in Canada to introduce a hydrogen fuel cell electric truck to its fleet. We can’t wait to see what the future holds. Thank you, Walmart Canada, for bringing us along on your journey to power your fleet with alternative power.”
Written by Cláudio Afonso | LinkedIn | X
