Written by Cláudio Afonso | LinkedIn | X
The electric vehicle (EV) startup Nikola Corporation announced on Wednesday it has reached a new milestone in hydrogen refueling.
As the company continues expanding its refueling network, its station located in Ontario (California) achieved a record day by refueling 28 trucks and dispensing over 850 kg of hydrogen, according to a LinkedIn post by CEO Stephen Girsky on Thursday.
“Last week I was at the Ontario, CA HYLA station where they had a record day, with 28 trucks refueled and more than 850 kg of hydrogen dispensed. A great day and a great team!,” Girsky wrote.
This achievement comes as Nikola ramps up deliveries of its Class 8 hydrogen fuel cell trucks. The Arizona-based company announced earlier this month that it sold 72 units in the second quarter, bringing its total sales for the first half of the year to 112 units.
In March, Nikola inaugurated its first HYLA high-pressure modular refueling station in Southern California. The company followed up with the opening of a second station in the region two months later.
In May, Nikola said it aimed to establish a network of up to nine refueling solutions by mid-2024, with a total of 14 operational sites planned by the end of the year.
This network will include a mix of HYLA modular fuelers and partner stations, such as FirstElement Fuels’ facility at the Port of Oakland.
SG Americas, the U.S. broker-dealer subsidiary of France’s third-largest listed bank Société Générale, has sold its stake in Nikola.
The fund bought the first shares in the company four years ago, shortly after Nikola‘s initial public offering (IPO) in June 2020.
During the second quarter, SG Americas increased its position in the Shanghai-based EV maker Nio to 2.22 million shares.
Earlier this year, institutional ownership reached a new record high with institutions holding more than 450 million shares, according to data from Fintel.
Fidelity’s Small Cap Index Fund has recently filed a new form revealing that it has increased its stake in Nikola by 16.50% as it acquired 1,038,350 shares in April.
Nikola is seeking more deals to supply its electric trucks. Wayfair is testing Nikola’s trucks in California, according to Anna Vinogradova, Head of Global Sustainability and ESG at Wayfair.
“Wayfair is piloting heavy-duty EV trucks with WattEV, Inc. in California. We’re testing these vehicles for more sustainable middle-mile deliveries and evaluating the operational impacts of switching from diesel to electric trucks,” Vinogradova said.
Last week, 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.
In a new interview for the “Future Says” podcast, Nikola’s Global Head of Supply Chain Management, Pedro Garcia, anticipated that additional safety regulations will be implemented, necessitating industry-wide compliance and adaptation.
Written by Cláudio Afonso | LinkedIn | X
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The post Nikola Sets New Hydrogen Refueling Record with 850+ kg Dispensed in a Day first appeared on EV.