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New California law just went into effect that makes about 10% of big rigs illegal to operate in the state
LEON WOLF, January 03, 2023
https://www.theblaze.com/news/california-law-big-rigs-illegal
A regulation issued by California's Air Resources Board in 2008 went into effect January 1, 2023, and the regulation will have the effect of making a large number of commercial vehicles operating in the state illegal (or, as Californians might like to put it, undocumented).
The rule states that, as of Jan. 1, 2023, any vehicle weighing at least 14,000 pounds operating in the state must not have an engine that was manufactured prior to 2010. The board's justification for requiring engines that had not even been built yet at the time the regulation was passed was based on the theory that future engines would do a better job of reducing emissions.
"When we passed the regulations in 2008, it was to reduce community exposure of toxic air contaminants, it is 100% to protect public health," a spokesman for the Air Resources Board told KCRA-TV.
As might have been predicted, however, the regulation is about to potentially cause chaos for California's already teetering economy, which has seen another six-figure population exodus in 2022. The reason is that 70,000 big rig trucks operating in the state — about 10% of the state's total — are still not compliant with the law and thus must immediately cease operating.
Don't miss out on content from Dave Rubin free of big tech censorship. Listen to The Rubin Report now.
The potential economic disruptions are not enough to deter California, however, which will immediately begin denying registrations for trucks with older engines. Moreover, the board promises that its enforcement group will be auditing trucking companies and issuing citations to those that still have trucks with older engines in their active fleets.
The rule also applies to trucks that are based out of state and merely travel into California, which threatens disruption to trucking routes throughout the country and may strain already fragile supply chains in the United States. However, Biden's Environmental Protection Agency is apparently working with California to help enforce this regulation upon out-of-state drivers, according to KCRA.
Trucking lobbying groups begged the state of California to delay implementation of the rule for at least one year, but their pleas fell on deaf ears. "We as an association are seeing members drop because of this rule, they’ve simply decided they’re not going to go out and spend $150,000 on a truck that could lead them to bankruptcy," said Joe Rajkovacz, director of government affairs for the Western States Trucking Association. Rajkovacz also noted that even trucking companies that can afford compliance with the regulation have found difficulty purchasing a new truck, due to supply chain disruptions in the truck manufacturing industry.
Sandy Munro: Nikola's Battery-Electric Truck DESTROYS The Competition.
Visceral Investing
6.84K subscribers
46,286 views Nov 20, 2022
In this video, I react to Sandy Munro's take on Nikola Motors and the chances of their battery-electric semi truck succeeding.
I did wonder!
Agree competition from FCEV trucks, conversions and hydrogen ICE trucks.
All need hydrogen, preferably green. Nikola did good with the Plug deal, it’s part of the lease!
Sorry CORRECTION IN PREVIOUS POST i meant NKLA COULD TAKE OFF THE FASTEST BUT THEY WILL HAVE THE MOST COMPETITION
PLUG, FCEL, and now NKLA,... my investments,... Of all 3 I see Plug as the one that could take off the fastest but at the same time the one that the competition could gain traction on.
Anyone here know how good there BEV and FCEV truck technology is,... Are we way ahead of the competition.
Also what are the margins on a $300,000 + truck.
They said they were hoping to sell 20,000 trucks a year starting in 2024,... At $200,000 per truck, that's $4 billion dollars a year.
From Google: More than 15 million commercial vehicles are registered in the US, and 76% are powered by diesel engines.
In 2020, Daimler's Freightliner division sold more than 71,770 Class 8 trucks. With a 37.4 percent U.S. Class 8 truck market share, Freightliner is also the market leader in the United States.
In 2020, Daimler's Freightliner division sold more than 71,770 Class 8 trucks. With a 37.4 percent U.S. Class 8 truck market share, Freightliner is also the market leader in the United States.
Yes quite complicated.
Does it have the characteristic of the lower the price the more shares are gotten,... Which will encourage the shorts to drive the price down.
you need a Phd to work it out!
its a 5% one year note (bond)
The notes will bear interest at a rate of 5.0% per annum, payable
in arrears on the first calendar day of each calendar quarter,
beginning April 1, 2023, payable in shares of our common stock,
cash or a combination of shares and cash, at our option. Upon the
occurrence and during the continuance of an event of default, the
interest rate on the notes will increase to 12.5% per annum. Unless
earlier converted or redeemed, the notes will mature on
December 30, 2023, subject to extension at the option of the
holders in certain circumstances as provided in the notes. All
amounts due under the notes are convertible at any time after
January 9, 2023, in whole or in part, and subject to certain
beneficial ownership limitations, at the option of the holders into
shares of our common stock at a conversion price that is the lowest
of (a) $5.975, which we refer to as the “reference price,” (b) the
lower of the (i) reference price and (ii) the greater of
the $0.478, which we refer to herein as the “floor price,” and the
volume weighted average price of our common stock as of the
applicable conversion date, and (c) the greater of the
(i) floor price and, as elected by the converting holder,
(ii) either (X) depending on the delivery time of the
applicable conversion notice, (I) the volume weighted average
price of our common stock as of the applicable conversion date,
(II) the average volume weighted average price of our common
stock immediately prior to the applicable conversion date, or (Y)
95% of the average volume weighted average price of our common
stock for the three trading days commencing on, and including, the
applicable conversion date. The reference price and floor price are
subject to customary adjustments upon any stock split, stock
dividend, stock combination, recapitalization or similar event.
Massive Electric Semi Truck Subsidies
December 26, 2022 by Brian Wang
https://www.nextbigfuture.com/2022/12/massive-electric-semi-truck-subsidies.html
Shopping Guide for Electric Semi Trucks [Prices, Weights and Payload]
December 29, 2022 by Brian Wang
https://www.nextbigfuture.com/2022/12/shopping-guide-for-electric-semi-trucks-prices-weights-and-payload.html
Raising funds but not sure at what Price?
they could deliver 100 trucks from current inventory so I hope it is.
deliveries will depend on the fitting out of the various Zeem depots with recharging capabilities for their growing electric fleet.
Nikola/Iveko partnership is at the core of the business, they use their cab and frame and their factory in Ulm is making Nikola trucks for the European market - slightly different wheel base for narrower roads/corners.
https://www.iveco.com/Pages/Iveco-brands.html. will show you Nikola up front!
https://www.electrive.com/2022/11/03/zeem-solutions-orders-100-nikola-tre-electric-trucks/
Anyone know if this deal is being delivered to,.. and the deal is still alive? Also they mention a partnership in Europe with Iveco,... Is that still active?
Thanks!
Thanks. Excellent DD.
With so many institutions firmly in place, I will keep adding whenever I can.
Nikola Motors Institutional Ownership currently at an all-time high. https://fintel.io/so/us/nkla
Excellent post.
Thanks for the translation.
I doubled down at $2.44.
I agree with you. I had no idea that this was possible. Looks like it still has room to go down. Fortunately, I am not yet sitting on a ton of shares, only 5,000. Looking forward to the up days. Looking forward to adding on the way up.
Horrible day for the sector, NKLA probably got hit the worst.
Bought some more shares at $2.50 thinking i was getting the bottom,.... Who would have thought?
I will try to put some detail on these PRs you are quoting
First strategy for Battery Electric (highly important to get revenues flowing).
The Chargepoint PR is all about this enabling customers to order their "skid" which will enable storing enough electricity to power the superchargers required for fast charging class 8 trucks reasonably quickly. Nikola/chargepoint can install the charging units anywhere but you need the electricity into your facility and that is the blocker for adoption in all the EV market and especially trucking.
So the deal with Chargepoint makes it easier for customers to buy trucks and chargers AND a way of charging the chargers from on site batteries . It doesn't help the strategy for truck stop chargers - which may end up having to install hydrogen tanks and fuel cells to provide enough energy to charge > 1 truck at at time. But will allow return to depot orders to be shipped.
Now for hydrogen.
Nikola and Nel are building a hydrogen "hub" in Arizona (PR 1 in your sequence). This is under construction now and they just ordered a liquefaction capability from PLUG to enable storing liquid hydrogen. not sur eof an in service date but expect it is before the second half of 2023
This hub will then deliver liquid hydrogen to the relevant refueling stations that they instal for their customers depots or as part of a network of highway stations along the routes their customers will be taking
Since they offer Hydrogen fuel cell trucks with hydrogen included in the lease it is important that they can provide the stations. They know for instance the routes Budweiser will want to take once they go beyond a return to base daily route. This is the reason for the Travel Centers of America deal for those specific routes.
The southern california stations recently announced are part of this network. The hydrogen will be supplied from the Arizona hub hence the need for liquid hydrogen to make the cost of transport economical. Long Beach is an ideal location for FCEVs working near 24 hrs a day with quick refuelling compared t hours for batteries.
As for the rest of the country it isn't clear why Nikola should carry the burden of installing their dispensers along highways that should be Travelcenters of America, Flying J, Route 66 etc doing it and refueling any class 8 truck by themselves. With suitable software the billing can be to a Nikola customers lease easily enough - Tesla has perfected this model of sharing locations.
It certainly isn't likely that Nikola will build any more hydrogen hubs from financial perspective. Hydrogen is a commodity (or will be) .
BUT early adopters will still need hydrogen at their home bases and want to sel to the whole country (all current H2work is in the West coast ). NIkola could install NEL electrolysers etc but seem to have taken the lower risk and easily expanded route of installing the tanks and dispensers but then contracted with PLUG for 1200 TPD (up to) for hydrogen around the USA. This will allow customers to have FCEV trucks that are limited to 400m (800 mile round trip) routes until highway stations (or end destination stations) are available to refuel. It will still be Nikola providing the fuel under their leases, just it is delivered by PLUG.
Around ports that is a long range and many companies will need trucks for these shorter routes before putting them onto the highways for long distance routes.
It should be noted the Amazon and Walmart have a lot of distribution centers with Hydrogen infrastructure from Plug but so far no sites have been upgraded to include class 8 refuelling although that would be reasonably easy and quick and allow large numbers of FCEVs to be shipped across the country
Also note the company is likely to get a large cash contribution from the infrastructure bill for their hydrogen hub up to $1.4Bn is possible.
Does anyone here know if NKLA has started construction of the hydrogen fuel stations that talk about in 2020,...
https://nikolamotor.com/press_releases/nikola-orders-enough-electrolysis-equipment-from-nel-to-produce-40000-kgs-of-hydrogen-per-day-79
Yes good read,... I like this CEO!
money flow has turned positive which hasn't happened in a number of its peers yet.
pretty sure analysts are positive based on FCEV reception and the deals now in place to secure the hydrogen they will need in US and Europe
I agree, the last 3 PR's are showing we have turned the corner. We should at least be at $3 by now,.... I am expecting $15 by the end of 2023,.... $40 by end of 2024!
Any other WAG's out there?
This seems like huge news! Would have expected the stock to react moore to the upside.
there are a number of prices being thrown around but $280k off whatever they charge s attractive!
FCEV are shipping but they are Betas bears workshop saw 7 running around the factory being tested.
interesting fact - the first commercial delivery of the Nikola FCEV Tre was a full container full of budweiser to the Superbowl in LA last February.. The Tesla Semi was container of chips a little bit lighter!
Payload is what they get revenue form and with all that battery weight FCEV has to win out. In Drayage - port operations battery is OK but then you have the recharge effort (time and electric infrastructure) which makes them less economic than the 10 minute refuel FCEV.
bought more yesterday. my jan 2023 options will be worthless but have 2024 January $4 which should be well in th money by then
The incentives for the FCEVs are really good. A lot more than the BEVs, as I recall it. With all of the limitations of electrification and the infrastructure capacity, it sure seems like hydrogen is the future. This will greatly benefit Nikola. '23 is just around the corner. It won't be long before we're talking about deliveries of the FCEVs.
Does anyone have a feel for the sales price for the FCEV versus the BEV (assuming the battery price issue is resolved)?
I keep wondering if there is anyway they can accelerate their timeline for production FCEV trucks?
The first alphas were delivered 11 months ago - used for the Superbowl) . Betas have been out for a few months but we know they are planning gammas.
Is there any way the Gammas can be re-classified pre-production and actually sold?
What sort of changes are made between builds? If they find the Betas do the job can they just build them as the 2023 model and then introduce a 2025 model later?
The Hydrogen incentives along with eth margin profile means they have to focus on FCEV sales. With NEL, PLUG and E.On deals they have partners who can fit out the customers depots at short notice and build highway refuelling where necessary
Nikola Tre FCEV Receives CARB Executive Order
Nikola Corporation has received a California Air Resources Board (CARB) Zero Emission Powertrain Executive Order that is a requirement for Nikola’s Tre hydrogen fuel cell electric vehicle to be eligible for CARB’s Hybrid and Zero Emission Truck and Bus Voucher Incentive Project program. Upon final HVIP approval, purchasers of the Nikola Tre FCEV in 2023 will be able to qualify for a base incentive valued at $240,000 per truck.
see https://www.prnewswire.com/news-releases/nikola-tre-fcev-receives-carb-executive-order-301708917.html
(https://amaxwire.com/en/newsroom/10963/nikola-tre-fcev-receives-carb-executive-order)
1,959.997 left in the s 4
Yeah good news continues here, but look at SEC Form 4's, why the hell is Mark Russell still selling millions of shares??? How many does he still have?
NIKOLA AND E.ON ANNOUNCE PLANS TO ACHIEVE CO2 SAVINGS OF 560,000 METRIC-TONS ANNUALLY BY 2027
E.ON and Nikola enter into a partnership to combine the sale of Class 8 Nikola hydrogen fuel cell vehicles with hydrogen fuelling services and infrastructure solutions.
Nikola and E.ON partner to combine sales of Nikola hydrogen fuel cell trucks with services and hydrogen fueling infrastructure solutions
Hydrogen will be supplied to operate up to 5,000 Nikola hydrogen fuel cell electric vehicles in Europe by 2027, further accelerating the following years
Annual CO2 savings are expected to be around 560,000 metric-tons by 2027, further increasing the following years
https://www.prnewswire.com/news-releases/nikola-and-eon-announce-plans-to-achieve-co2-savings-of-560-000-metric-tons-annually-by-2027--301708124.html
NIKOLA AND E.ON ANNOUNCE PLANS TO ACHIEVE CO2 SAVINGS OF 560,000 METRIC-TONS ANNUALLY BY 2027
December 21, 2022 - 8:00 am
https://www.stocktitan.net/news/NKLA/nikola-and-e-on-announce-plans-to-achieve-co2-savings-of-560-000-i0dqrd4o8y3z.html
Highlights
- Nikola and E.ON partner to combine sales of Nikola hydrogen fuel cell trucks with services and hydrogen fueling infrastructure solutions
- Hydrogen will be supplied to operate up to 5,000 Nikola hydrogen fuel cell electric vehicles in Europe by 2027, further accelerating the following years
- Annual CO2 savings are expected to be around 560,000 metric-tons by 2027, further increasing the following years
ESSEN, Germany, Dec. 21, 2022 -- Nikola Energy and E.ON Hydrogen, confirmed their goal of making hydrogen fuel cell electric vehicles (FCEVs) cost competitive to diesel trucks, in terms of total cost of ownership. This is an important step on the road to decarbonizing heavy-duty transport. Nikola Energy is a wholly-owned subsidiary of Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emission transportation and energy infrastructure solutions. E.ON Hydrogen is a wholly-owned subsidiary of E.ON SE, one of Europe's largest operators of energy networks and energy infrastructure and a provider of innovative customer solutions.
Combining their expertise in energy, infrastructure and transportation, Nikola and E.ON will offer customers a first-of-its-kind integrated mobility solution. The envisaged joint venture will cover the entire value chain of the hydrogen industry from the supply of green hydrogen to the establishment of a demand-driven fueling infrastructure, to the provision of FCEVs.
By 2027 and progressing thereafter, the partnership plans to supply green hydrogen to power up to 5,000 hydrogen-powered Nikola Tre FCEV cabovers with a range of up to 800 km. As a result, up to 560,000 metric-tons of CO2 is expected to be saved annually by 2027, further increasing the following years, making an important contribution to the EU's sustainability goals.
Michael Lohscheller, President and CEO Nikola Corporation, said, "In everything we do, we look at the needs of our customers, who continue to be impressed by the innovative technology found in our industry-leading zero-emission Nikola Tre trucks. To ensure the hydrogen infrastructure is in place to support our customers, we are working with our partner E.ON on cost-efficient and sustainable road transport solutions. Significant interest in our bundled lease program consisting of the Nikola Tre FCEV, hydrogen fuel and maintenance is a game changer for the industry and is an added benefit as it simplifies and lowers the total cost of ownership for fleet and truck owners."
Patrick Lammers, COO Customer Solutions E.ON SE, said: "Our customers want affordable, integrated and, most important, green mobility solutions. As early as 2027, we could potentially replace over 200 million liters of diesel with hydrogen and significantly reduce CO2 emissions – and this is just the beginning. Together with Nikola we will create the first commercially viable market for hydrogen fuel cell technology in Europe."
Nikola Corporation and E.ON announced their partnership in September this year with the intent to combine Nikola´s innovative technology solutions in the transportation industry with E.ON's expertise in energy networks and customer solutions. The joint venture for hydrogen logistics services will start operating beginning of 2023.
About Nikola Corporation
Nikola Corporation is transforming the transportation industry worldwide. As a developer and manufacturer of zero-emission battery and hydrogen electric vehicles, electric vehicle powertrains, vehicle components, energy storage systems and hydrogen fueling infrastructure, Nikola is committed to revolutionizing the economic and environmental impact of global commerce as we know it today. Nikola Corporation was founded in 2015 and is headquartered in Phoenix, Arizona.
In Europe, Nikola manufactures together with its joint venture partner IVECO, the commercial vehicle brand of Iveco Group, the Nikola Tre battery-electric vehicle (BEV), with up to 530 km, and the Nikola Tre hydrogen FCEV, with up 800 km, in Ulm, Germany. Nikola and IVECO began taking orders on the European Nikola Tre BEV at the IAA Transportation 2022.
For more information, please visit www.nikolamotor.com or Twitter @nikolamotor.
About E.ON
E.ON is an international investor-owned energy company, which focuses on energy networks and customer solutions. As one of Europe's largest energy companies, E.ON plays a leading role in shaping a clean, digital, decentralized world of energy. To this end, around 72,000 employees develop and sell products and solutions for private, commercial and industrial customers. More than 51 million customers purchase electricity, gas, digital products or solutions for electric mobility, energy efficiency and climate protection from E.ON. E.ON is headquartered in Essen, Germany. For more information, please visit www.eon.com.
PLUG POWER and NIKOLA
The Green Hydrogen Revolution Is FINALLY Here. :
Inter view with CEO Lohscheller
It is in German but your browser should translate if you cant read German
it isn't behind a pay wall but is before the PLUG deal was announced. Reading it you can see why they wanted to lock in the hydrogen supply
https://www.focus.de/auto/neuheiten/wir-sind-schneller-als-andere-interview-michael-lohscheller-ceo_id_180789074.html?utm_source=facebook&utm_medium=social&utm_campaign=facebook-focus-online-auto&fbc=facebook-focus-online-auto&ts=202212201108&cid=20122022&fbclid=IwAR1FPh5YnMA8W_BuX0QCneop_RxDkNeRm4Wl1Lhaz0AD_Ni9tCBcLUvxYn0
What a great customer and some well written PR quietly bashing that Texas company.
"heavy duty truck" Paving equipment, construction equipment etc. not chips!
Hope to see a number of these customer announcements, say 2 a week, to support the share price while the beta FCEV is getting tested.
LAX Takes Delivery of First Heavy-Duty Electric Truck as Airport Transitions to All-Electric Fleet
Los Angeles World Airports has taken delivery of its first Class 8 heavy-duty electric vehicle, a Nikola Tre battery-electric vehicle.
Published December 20, 2022
https://nikolamotor.com/press_releases/lax-takes-delivery-of-first-heavy-duty-electric-truck-as-airport-transitions-to-all-electric-fleet-217
LOS ANGELES — December 20, 2022 -- Los Angeles World Airports (LAWA) is proud to announce the arrival of its first heavy-duty battery-electric vehicle, marking a significant step in the airport's transition to a fully electric fleet.
The Class 8 Nikola Tre battery-electric vehicle (BEV) semi-style tractor will be used to move paving equipment, transport construction materials and pull other heavy equipment at Los Angeles International Airport (LAX) worksites. LAWA is the first government entity to take delivery of a Nikola Tre BEV, which is part of the airport's ambitious plan to fully transition its vehicle fleet to all-electric. This also is the first zero-emission Class 8 tractor in the City of Los Angeles municipal fleet.
"By investing in the vehicles and charging infrastructure needed to support a fully electrified fleet, LAWA remains on the leading edge of sustainability and is laying the groundwork to achieve carbon neutrality from airport operations by 2045," said Justin Erbacci, Chief Executive Officer, LAWA. "This purchase not only helps to reduce our environmental impact, but it also demonstrates our commitment to innovation and the future of transportation."
The Nikola Tre BEV has a range of up to 330 miles on a single charge of its 733 kWh battery pack, and will use a new 75kW DC charging station being installed at LAX. The LAWA purchase qualified for a $120,000 rebate via the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project. The truck is expected to have significantly reduced maintenance and fuel costs compared with a similarly equipped internal combustion unit.
“LAWA’s commitment to transition its fleet to fully electric is a direct reflection of the organization’s bold sustainability goals,” said Nikola President and CEO, Michael Lohscheller. “Nikola is proud to have our Nikola Tre battery-electric vehicle be the first Class 8 semi-truck to be added to the City of Los Angeles municipal fleet and play a role in their long-term sustainability goals.”
LAWA is committed to transitioning 100% of its sedan fleet to electric vehicles by 2031, and has adopted a zero-emission-first purchasing policy for other light-duty vehicles in its fleet of more than 1,100 vehicles. Currently, 41% of LAWA's fleet is powered by alternative fuel, including 120 electric vehicle sedans, 20 articulating electric airfield buses and the addition of the heavy-duty Nikola Tre BEV. Other fully electric vehicles currently in LAWA's fleet, or on order for delivery, include 26 Ford F-150 Lightning trucks, 10 Ford Mach E sedans, 32 new Class 4-8 trucks and up to 27 electric buses.
Click here for B-roll of the Nikola Tre BEV being delivered to LAWA.
About Los Angeles International Airport (LAX)
LAX, the fifth-busiest airport in the world in 2021 with 48 million passengers, is in the midst of a multi-billion-dollar capital improvement program that will touch on all nine passenger terminals and build new facilities, including an Automated People Mover (APM) train, Consolidated Rent-A-Car (ConRAC) facility and the West Gates at Tom Bradley International Terminal.
In 2019, LAX served nearly 88.1 million passengers and offered an average of 700 daily nonstop flights to 113 destinations in the U.S. and 1,200 weekly nonstop flights to 91 markets in 46 countries on 72 commercial airlines.
LAX generates 620,600 jobs in Southern California, with labor income of $37.3 billion and economic output (business revenues) of more than $126.6 billion, according to an economic study based on 2014 operations. This activity added $6.2 billion to local and state revenues and $8.7 billion in federal tax revenues. The study also reported that LAX's ongoing capital improvement program creates an additional 121,640 annual jobs with labor income of $7.6 billion and economic output of $20.3 billion; $966 million in state and local taxes; and $1.6 billion in federal tax revenues.
LAX is part of a system of two Southern California airports – along with Van Nuys general aviation – that are owned and operated by Los Angeles World Airports (LAWA), a proprietary department of the City of Los Angeles that receives no funding from the City's general fund.
LAWA is leading the aviation industry in sustainability practices, with initiatives related to water management, energy (electricity) management, air quality, recycling and natural resources management. In 2019, LAX received Level III ACI Airport Carbon Accreditation from Airports Council International-Europe.
LAWA is also a leader in inclusivity, operating eight programs that provide opportunities for business enterprises including local, small, minority-owned, veteran-owned and disadvantaged firms, and working together with community partners to offer the HireLAX Apprenticeship Readiness Program, which targets local workers to make them ready for rewarding careers in the construction trades, and the Build LAX Academy, designed to prepare small contracting businesses for success when working on projects at LAX.
LAX was named a top-10 U.S. airport by SKYTRAX in 2018, and was honored as the "Most Innovative Airport for Passenger Experience" in 2019 by the American Association of Airport Executives. LAX is the second-most popular airport in the world to appear on Instagram, according to wego.com. Other recent honors have included selection as the No. 9 Best Airport (Wall Street Journal); No. 7 Best On-Time Performance for a Mega-Hub Airport (OAG); one of "The World's Best Airports for Business Travelers" (GlobeHunters); Public-Private Partnership of the Year (P3 Bulletin); Urth Caffe, Best Airport Coffee Concession of the Year (Global FAB Awards); Innovation of the Year, Consolidated Rent-A-Car Facility (ARTBA); Best Project, United Airlines Terminal 7 and 8 Redevelopment Program (Engineering News Record California); North American Public-Private Partnership Deal of the Year (IJ Global); and Innovative Transportation Solution of the Year, Automated People Mover (WTS LA).
As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities. Alternative formats in large print, braille, audio, and other forms (if possible) will be provided upon request.
yes i thought so, so why didn't he/she respond in the way you suggest . instead he/she makes an excuse......of course i looked at the post, i replied to bottom bounce
well did you look at the post I was replying to that is more relevant
it was this one from bottom bounce:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170733756
$NKLA the next EV maker $ALYI ?
I read al posts here and on facebook and watch every bears workshop video ad other DD
I just wish iHub actually had a conversation view instead of this 1980's "the well" interface
well did you look at the post I was replying to that is more relevant
it was this one from bottom bounce:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170733756
$NKLA the next EV maker $ALYI ?
Srm4u, simple oversight/misunderstanding, that's all, UK was responding to Post# 5816 by BottomBounce, which says "$NKLA the next EV maker $ALYI ?", not to your post.
Plug Power to use 75 Nikola Tre FCEV for H² logistics
Dec 18, 2022
https://www.electrive.com/2022/12/18/plug-power-to-use-75-nikola-tre-fcev-for-h%c2%b2-logistics/
The US fuel cell specialist Plug Power announces that it will buy 75 units of the Nikola Tre FCEV H2 truck within three years and supply customers in North America with green hydrogen using these hydrogen trucks. The first vehicles are to be handed over as early as 2023.
Plug Power plans to combine the ordered H2 trucks with its liquid hydrogen refuelling trucks. The US company describes this as a particularly large and lightweight trailer with “unprecedented payload for the road”. The acquisition of the hydrogen fleet vehicles is just one of several agreements Plug Power has entered into with manufacturer Nikola. The strategic partnership also includes Plug Power supplying liquid hydrogen technology and hydrogen to Nikola’s presence in the US state of Arizona.
Specifically, Plug Power will start its supply of green hydrogen to Nikola on 1 January 2023. The volume is expected to increase to 125 tonnes per day by the end of 2026, with “80% of the volume delivered under a take-or-pay contract”, according to accompanying communications. To complement this, Plug Power is installing a hydrogen liquefaction system at Nikola in Arizona with a capacity of 30 tonnes per day, which can later be expanded to 150 tonnes per day if required.
For its part, Nikola recently announced that it expects to complete the Phase 2 expansion of its Coolidge plant in Arizona in the first quarter of 2023. The company would then have a production capacity of 20,000 vehicles per year, although the manufacturer cannot come close to utilising the plant with the current figures. The American manufacturer has not reached its target of producing at least 300 electric trucks this year.
However, there is still no lack of big plans. According to the latest announcement, Nikola aims to guarantee customers access to a hydrogen supply of up to 300 tonnes per day and up to 60 hydrogen filling stations by 2026. This follows the company’s recently announced plans to build a large-scale hydrogen infrastructure to support Nikola’s truck customers and third parties. Nikola’s presence in Arizona is also to be integrated into this H2 supply network as a hub. With this in mind, the site acquired for this purpose in Buckeye, Arizona, is currently going through a permitting and rezoning process, they say.
Plug Power itself wants to distinguish itself as one of the market leaders in the hydrogen economy – first and foremost with the provision of electrolysers, complementary hydrogen technology and the supply of green hydrogen. In North America, the company aims to produce 500 tonnes of hydrogen per day by 2025 and globally vo 1,000 tonnes per day by 2028.
In Europe, Plug Power is best known as a joint venture partner of Renault. Last year, the duo founded a joint venture called Hyvia. The European business is managed from Plug Power’s new European headquarters in the port of Duisburg. The US company is also active in Asia through a cooperation with the South Korean SK Group, which only recently resulted in a joint venture.
nikolamotor.com, ir.plugpower.com
Author: Chris Randall
well you took my post wrong, i was not comparing. i was showing nikola is a real company with plenty of assets....did you even bother to open my links? have you seen my threads on this forum?
https://investorshub.advfn.com/boards/memberpoststoboard.aspx?user=130898&boardid=37678
dont try to compare NKLA with a penny scam company that has no products.
I am big into NIkola - and the CEO has been open about their liquidity requirements going forward (take that Henrik/SeekingAlpha).
100+ BEV trucks waiting for transport, 12 mobile chargers and 7 FCEV Betas all in testing
try what? Nikola is long from going bk, Q4 will be in February. there has been alot going on with nikola and were sure to see some results in q4 report or annual 10K report
https://www.reddit.com/r/NikolaCorporation/new/
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001731289&owner=exclude&count=40
don't even try...
you can see over 100 NKLA trucks waiting for transporters. we haven't seen anything apart fr a photo over a year ago from ALYI.
Q 3 H i g h l i g h t s
QoQ Gross margin
improvement driven largely
by:
• Favorable shift in freight
mix with 33% air freight as
percentage of total freight
in Q3 from 84% in Q2
Total Access to Liquidity at
the end of 3Q came to $1.0
billion with ATM
Cash (Incl. restricted cash) $403,790,000
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170366490
According to Nikola's latest financial reports the company's current EPS (TTM) is -$1.71. In 2021 the company made an earnings per share (EPS) of -$1.73 a decrease over its 2020 EPS that were of -$1.11.
https://companiesmarketcap.com/nikola-motor-company/eps/
Nikola - NKLA Earnings Date, Estimates & Call Transcripts
https://www.marketbeat.com/stocks/NASDAQ/NKLA/earnings/
$NKLA the next EV maker $ALYI ?
Nikola Motors and Plug Power deal
Voice of Reason
Posted Dec 15, 2022
The future of trucking.
Bottom WE ALL HAVE DEBT! Every business and now every Citizen because of Biden Admin... What's your point?
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Nikola and VectoIQ Acquisition Corp. Announce Closing of Business Combination
Published June 03, 2020
https://nikolamotor.com/press_releases/nikola-and-vectoiq-acquisition-corp-announce-closing-of-business-combination-77
Steve Girsky
Girsky was GM Vice Chairman from March 2010 through January 2014. During that time he was responsible for several functional areas, including:
Global corporate strategy,
New business development,
Global product planning and program management,
Global connected customer/OnStar, and
GM Ventures LLC and global research & development.
Girsky also served as Chairman of the Adam Opel AG Supervisory Board and as interim President of GM Europe during this time frame, a critical period in
which the company established its current 'Drive Opel 2022' strategy. Girsky also held responsibility for GM's Global Purchasing and Supply Chain function
from 2011 to 2013, and served as Senior Advisor to General Motors from January 2014 to July 2014.
https://investor.gm.com/news-releases/news-release-details/gm-announces-stephen-girsky-retire-board-directors
https://www.freightwaves.com/news/shell-stuffing-how-nikola-became-vectoiqs-public-preference
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165678224
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165764942
Nikola and TC Energy Sign Joint Development Agreement
for Co-Development of Large-Scale Clean Hydrogen Hubs
October 7, 2021
Nikola and TC Energy sign joint development agreement for co-development of large-scale clean hydrogen hubs. Nikola Corporation (Nasdaq: NKLA), (Nikola),
a global leader in zero-emissions transportation and energy infrastructure solutions, and TC Energy Corporation (TSX,NYSE: TRP), (TC Energy), a leading
North American energy infrastructure company, have agreed to collaborate on co-developing, constructing, operating and owning large-scale hydrogen
production facilities (hubs) in the United States and Canada.
https://hydrogen-central.com/nikola-tc-energy-agreement-hydrogen-hubs/
#NationalHydrogenDay celebrations continue with a sneak peek of all things happeningat our Coolidge
manufacturing facility, including our Nikola Tre #FCEV, for our next episode of the #DrivingChange series!
1:57 PM · Oct 8, 2021
https://twitter.com/i/status/1446565427493044225
Hydrogen Heavy Duty Vehicle Industry Group Partners to Standardize Hydrogen Refueling,
Bringing Hydrogen Closer to Wide Scale Adoption
Published October 08, 2021
https://nikolamotor.com/press_releases/hydrogen-heavy-duty-vehicle-industry-group-partners-
to-standardize-hydrogen-refueling-bringing-hydrogen-closer-to-wide-scale-adoption-137
Gettin' it done. Season 2 of #DrivingChange starts with the continued journey
of the #NikolaTre FCEV alpha builds in Coolidge, Arizona.
November 3, 2021
https://www.facebook.com/nikolamotorcompany/videos/driving-change-season-2-episode-1-
get-it-done/1259891077770836/?__so__=permalink&__rv__=related_videos
https://www.youtube.com/watch?v=RokrKePeRrk
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