Nikola Shipped 63 Tre BEVs In Q3 But Will Miss Annual Delivery Goal via insideevs.com
Nikola reported financial results for the third quarter of 2022, posting a net loss of $236.2 million and reporting revenues of $24.2 million.
The net loss was less than the $267.57 million loss a year earlier, while revenue beat estimates of $22.1 million, according to Refinitiv data cited byThe good news is the company produced more electric trucks than Wall Street expected—75 Nikola Tre BEV Class 8 electric trucks—at its plant in Coolidge, Arizona.
Nikola also began Tre BEV pilot testing with both SAIA and Walmart, logging over 1,600 miles and 2,700 miles to date, respectively.for 100 Nikola Tre BEVs from Zeem Solutions. The order placed by Zeem will help to satisfy the zero-emission EV"fleet-as-a-service" provider's current customer demand at its California depot and other future national locations. Zeem offers an all-inclusive EV depot fleet solution for freight and logistics companies.
Nikola provided an update regarding its Tre FCEV model as well, which continued a pilot with TTSI and began pilot testing with Walmart. To date, the trucks have logged over 9,700 miles and 5,500 miles respectively. The company completed six beta trucks in Q3 and began development testing at various locations. Nikola expects to complete 17 beta trucks for the full year by the end of Q4.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Norway's BEVs Still Growing Well, Even While PHEVs Fall AwayNorway's auto market saw 86.4% plugin electric vehicle share in October, down year on year, from 89.3%.
Read more »
Plugins 22.4% Share In France, BEVs Up, PHEVs Down, Megane AscendantPlugin electric vehicles (EVs) took 22.4% share of France's auto market in October, down from 22.9% YoY.
Read more »
Nikola Corp.'s (NKLA) stock drops with lowered truck production expectations - Phoenix Business JournalPhoenix-based Nikola said supply chain challenges and increased prices for commodities continue to pose problems with truck output. With uncertainty in the economy, customers are more hesitant to buy and passing on increased costs may increase their hesitancy.
Read more »
Jamal Murray, Nikola Jokic help Nuggets survive Thunder’s feverish comeback attemptGAME STORY: Jamal Murray, Nikola Jokic help Nuggets survive Thunder’s feverish comeback attempt by msinger
Read more »
Holt pursues electric truck future alongside Nikola — a company with troubled pastHolt Truck Centers, having signed a deal to become the certified dealer of Phoenix-based...
Read more »