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WeTheMarket

05/23/24 5:39 AM

#11101 RE: chocolate man #11100

CM, not really, the only competition is diesel trucks. If you look at the California HVIP voucher data, Lion electric has only one new voucher so far in 2024 compared to 32 for Nikola (as of the end of April). Link https://californiahvip.org/impact/#deployed-vehicle-mapping-tool

There are 2.97 million semi-trucks registered in the US, 476k commercial trucks were sold in 2022, of those, more than 29k were Class 8 trucks (Diesel). Link https://www.truckinfo.net/research/trucking-statistics#SnippetTab.