Nikola Corp Narrows Q1 Losses Amid Supply Chain and Production Challenges

For more hydrogen news: https://www.hydrogenfuelnews.com/featured-news/ Nikola Corp. reported a reduced first-quarter loss of $147.72 million in 2024, down from the previous year, with hopes rising despite soaring production costs. The company delivered 40 hydrogen fuel cell electric vehicles to customers, exceeding its delivery target. Efforts to increase production and expand sales beyond California, targeting national carriers, are underway to achieve economies of scale. Nikola is rapidly expanding its hydrogen refueling network, planning 14 stations by year-end to support its fuel cell electric vehicles. Challenges persist with a recall of battery-electric trucks due to battery issues, impacting the delivery timeline and new sales projections. #hydrogennews #greenhydrogen #cleanenergy #nikolanews #nikola 📚Grab Our FREE H2 ebook Today: https://www.hydrogenfuelnews.com/featured-news/ 🚘Like Cars? Check Out H2 Cars Here: https://www.hydrogenfuelnews.com/hydrogen-cars/ 👔Thinking About Getting a Green Job? Renewable Energy Jobs Posted Daily: https://www.hydrogenfuelnews.com/alternative-energy-jobs/ 🧠👉Don't forget to connect with us across our various social media platforms: 😊Facebook: https://www.facebook.com/HydrogenFuelNews/ 📷Instagram: https://www.instagram.com/hydrogenfuelnews/ 🔗LinkedIn: https://www.linkedin.com/in/hydrogenfuelnews/ 🐦Twitter: https://twitter.com/hydrogenfuelnew ⏰Tiktok: https://www.tiktok.com/@hydrogenfuelnews