NIKOLA WHOLESALES 72 HYDROGEN FUEL CELL TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q2 2024, EXCEEDS SALES GUIDANCE

Core Insights - Nikola Corporation reported strong wholesale numbers for Q2 2024, wholesaling 72 Class 8 hydrogen fuel cell trucks, exceeding the sales guidance of 60 units [1] - For the first half of 2024, the company wholesaled a total of 112 hydrogen fuel cell trucks [1] - The company has secured new customers, including Walmart Canada, and has repeat customers like 4GEN and IMC [2] - Nikola aims to maintain its first-mover advantage in zero-emissions Class 8 trucks in North America and its hydrogen refueling solutions under the HYLA brand [2] Company Overview - Nikola Corporation is based in Phoenix, Arizona, with a manufacturing facility located in Coolidge, Arizona [3] - The company focuses on pioneering solutions for a zero-emissions world, transforming transportation and freight services through its Class 8 vehicles, including battery-electric and hydrogen fuel cell electric trucks [6] - Nikola is committed to developing a complete hydrogen refueling ecosystem, which includes supply, distribution, and dispensing [6]