Hydrogen Fuel Cell Truck Company

With nikola s profit added in that comes out to a cost for the customer of 268 782.

Hydrogen fuel cell truck company.

Long haul trucking is an application where fuel cells makes sense and nikola motors is one of the companies building. While drivers of a nikola hydrogen. Other truck and car companies also see hydrogen as a fuel of choice for transport. Each semi truck will be available with either fully electric or hydrogen fuel cell electric capabilities and their anticipated ranges are between 500 and 700 miles.

Hydrogen fuel cells have been powering space shuttles since the early 1960 s. The company has created the nikola one and nikola two for north american roadways and the nikola tre for asia australia and europe. A phoenix startup plans highway testing of its hydrogen fuel cell semi tractor next year. Transportation is another high potential market for hydrogen and fuel cells.

Nikola estimates its fuel cell trucks will cost the company 188 174. Nasa has funded more than 200 research contracts exploring fuel cell technology bringing it to a level now viable for the private sector. The information on nikola s website inclusive of presentations press releases earnings call transcripts reports and all other information may contain forward looking statements estimates or projections based on expectations as of the original date of those materials. The truck was designed for a 90 kw fuel cell and is scalable in 30 kw or 45 kw increments up to 180 kw andalso has a 100 kwh lithium ion battery capacity.

Plug plummeted 98 from march 2009 to february 2013 while the s p 500 rallied more than 120 over the same stretch. Hydrogen has more than 80 years of industrial use as a nonirritating nontoxic and noncorrosive source of energy. The truck was designed and integrated by cummins in columbus indiana and includes a proton exchange membrane pem fuel cell from hydrogenics a recent addition to cummins.