The purpose-built heavy-duty trucks will be delivered in Q4 2023, and are expected to be among the longest range zero tailpipe emission Class 8 trucks commercially available.
Michael Lohscheller, Nikola’s President and CEO, believes the company’s focus on providing zero-emissions trucking solutions is meeting the demands of customers who are looking for ways to fulfill their shipping needs and to meet their environmental, social, and governance goals. “And it will have quite an effect, as one heavy-duty zero-emission truck equates to removing 23 petrol-powered passenger cars from the road in annual CO2 emissions,” said Lohscheller.
The Nikola Tre FCEV has a range of up to 500 miles and will have an estimated fueling time of approximately 20 minutes. The California Air Resources Board (“CARB”) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”) program played a significant role in securing many of the 100 sale orders that are expected to convert to purchase orders following the satisfactory completion of the demonstration programs. The HVIP program enables customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023. California’s HVIP is unique in that it accelerates the adoption of zero tailpipe emission commercial vehicles on a first-come, first-served basis that does not require the retirement and scrappage of an existing diesel vehicle.
“This 100 sale order milestone is certainly something to celebrate and shows the commitment of our customers, dealers, employees and stakeholders,” continued Lohscheller. “And this is expected to be the first of many upcoming announcements.”