Trucking

Nikola Pares Plans for Hydrogen Trucks

March 21, 2024

Company said it could deliver "a lot" more.

Supply chain issues are hampering Hyla production.

Nikola says supply issues have forced it to slow down its plans for delivering hydrogen-powered Hyla heavy trucks. CEO Steve Girsky told the Wall Street Journal (link requires registration) that the company could have sold more trucks if it could obtain necessary components for its trucks.

Shortages of pressurized fuel tanks and electric batteries are stifling production, according to the report, which cited Girsky saying the company could have sold “a lot more than 30 or 35” trucks in the first quarter.

According to the report, it cost Nikola $679,000 to manufacture a Hyla hydrogen fuel cell truck last year, and was able to sell it for an average of $351,000.

About the Author

Rod Sutton

I have served as the editorial lead of Construction Equipment magazine and ConstructionEquipment.com since 2001.

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