Reported 5 days ago
Nikola's wholesale deliveries of hydrogen-powered trucks rose 22% in Q3 2024, with 88 Class 8 trucks delivered to dealers. This marks a steady demand for the company's products, although it fell short of the previous quarter's 80% surge. Despite a challenging year in the EV market, shares of Nikola increased by 9.5% following the report, bolstered by new customer orders and a pivot away from battery-powered vehicles.
Source: YAHOO