Nikola delivered a record 88 hydrogen fuel cell electric trucks (FCEVs) in Q3 2024, up 22% QoQ, while expanding its dealer network. The company reported total revenues of $25.2M and a net loss of $199.8M. FCEV fleet adoption increased 78% year-to-date with 16 end fleets now deploying Nikola FCEVs.The HYLA hydrogen fueling network has completed over 5,900 fueling events, dispensing more than 210 metric tons of hydrogen. The company expects to deliver 10 HYLA fueling solutions by year-end and maintains its guidance of 300-350 FCEV deliveries for 2024. Hydrogen dispensing has grown nearly 350% year-to-date.The company has successfully returned 78 BEV "2.0" trucks to service, with 19 end fleets accumulating over 715,000 road miles. Financial results show $198.3M in cash and cash equivalents, with operating expenses of $116.8M including a $33.4M impairment charge.

Nikola delivered a record 88 hydrogen fuel cell electric trucks (FCEVs) in Q3 2024, up 22% QoQ, while expanding its dealer network. The company reported total revenues of $25.2M and a net loss of $199.8M. FCEV fleet adoption increased 78% year-to-date with 16 end fleets now deploying Nikola FCEVs.The HYLA hydrogen fueling network has completed over 5,900 fueling events, dispensing more than 210 metric tons of hydrogen. The company expects to deliver 10 HYLA fueling solutions by year-end and maintains its guidance of 300-350 FCEV deliveries for 2024. Hydrogen dispensing has grown nearly 350% year-to-date.The company has successfully returned 78 BEV "2.0" trucks to service, with 19 end fleets accumulating over 715,000 road miles. Financial results show $198.3M in cash and cash equivalents, with operating expenses of $116.8M including a $33.4M impairment charge.