Nikola is expected to sell 20 hydrogen electric trucks to Richter Group, a leading provider of individual logistics services comprising hub and direct transport solutions for courier, express and parcel clients. Located in Germany, it currently owns a fleet of over 160 diesel-powered trucks with loading and unloading points in the Netherlands, Belgium, France and the United Kingdom. The FCEV trucks are expected to be delivered in 2024.

Under the newly-signed LoI, Nikola and partner E.ON intend to help Richter Group decarbonize its vehicle fleet by providing hydrogen electric trucks, the required green hydrogen, and the refuelling infrastructure through the previously announced joint venture that is to be established in the upcoming weeks.

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Nikola launches new hydrogen brand HYLA

“The HYLA brand represents Nikola’s hydrogen-focused energy business by supporting our fuel cell electric vehicles and those of other OEMs,” added Carey Mendes, President, Nikola Energy. “Hydrogen energy is the catalyst for the HYLA brand and serves as a forward-looking solution for our customers"….

The hydrogen electric trucks will be made in Ulm, Germany

Richter Group also plans to work with their logistics partners to transition fleets to Nikola’s zero-emission vehicles, which could equate to an additional 750 hydrogen electric trucks within that same timeframe. The Nikola Tre hydrogen electric trucks in the European 6×2 variant will be manufactured by the joint venture between Nikola and Iveco Group at their facility in Ulm, Germany. Richter Group and its partners may acquire some or all Nikola Tre hydrogen electric vehicles through GATE – Green & Advanced Transport Ecosystem, IVECO’s all-inclusive electric truck rental model. IVECO will provide the essential maintenance and service functions.

E.ON will provide Richter Group with green hydrogen and develop the refuelling infrastructure to meet the needs of the hydrogen electric vehicles brought to market. The first refuelling solution within the scope of this project will be located on the premises of Richter Group in Wesel, Germany. Both hydrogen supply and logistics will be supplied though the Nikola and E.ON joint venture once it is officially established.

Nikola President, Michael Lohscheller, speaking

“The commitment from Richter Group is another example of how Nikola and E.ON are playing an essential role in helping Germany achieve the goal of decarbonizing the transportation sector. Implementing the initial order of 20 heavy-duty zero-emission trucks in place of existing diesel trucks, equates to avoiding the annual CO2 emissions from approximately 600 passenger cars”, said Michael Lohscheller, President and CEO, Nikola Corporation.

Highlights

Nikola in need of new source of money to continue its business

Media reports say that the manufacturer has got the money to survive no longer than one quarter in 2025. Nikola managed to sell something like 200 hydrogen fuel cell trucks in the first 3 quarters of the year. At the same time, the company has been facing trouble for quite a long time, with the need...
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