Summary by Futu AI
On April 4, 2024, Nikola Corporation, a leader in zero-emissions transportation, announced its vehicle production and delivery results for the first quarter of 2024. The company reported the production of 43 Class 8 Nikola hydrogen fuel cell electric trucks and the wholesale of 40 such vehicles to dealers for U.S. customers under the HYLA brand. Nikola also initiated the return process for the BEV "2.0" trucks to customers. CEO Steve Girsky expressed confidence in the company's trajectory for 2024, emphasizing Nikola's commitment to its goals and the decarbonization of the industry. The report highlighted the anticipated sales growth with the introduction of Nikola's hydrogen fueling solutions, including a modular refueling station in Ontario, California, and a station in Edmonton, Alberta. Nikola's manufacturing facility is located in Coolidge, Arizona. The company has yet to complete its quarterly review process and will soon announce its Q1 2024 financial results.