![]() Nikola said deliveries of its Tre truck will begin in the second quarter, while European deliveries will begin in the third quarter. Electric truck maker Nikolas (NKLA) stock price has rocketed more than 32 in the last week to be worth 8.84 today (22 March). Electric truck stock in Norway 2009-2021 The most important statistics. But Nikola said it still has long-term ambitions to develop longer-range semi-trucks powered by hydrogen gas and fuel cells. Get quick analyses with our professional research service. The relatively short range of Nikola's Tre means the semi-truck will be best used for local applications. Tesla first unveiled its electric semi-truck in 2017, but a series of product delays means the truck won't be released until 2023 at the earliest. Volvo Trucks wants half of its sales to be electric by 2030. The first will go into service later this year. They'll be delivered over the next seven years, and used all over Europe. Its trucks unit is selling 1,000 electric vehicles to Swiss buildings materials giant Holcim. And now it appears that the company will beat Tesla to market. Volvo Group said Monday (May 22) that it had won its biggest ever order. With new management at the helm of Nikola, the company scrapped its consumer-targeted electric pick-up truck and is instead focusing all of its efforts on electric semi-trucks. ![]() At issue was the misrepresentation of progress at the company, with Nikola rolling an inoperable truck down a hill and filming it as if the truck was working. Statistics for the 2023 Electric Truck market share, size and revenue growth rate, created by Mordor Intelligence Industry Reports. But the sugar high in Nikola stock didn't last long in 2020 after its founder, Trevor Milton, resigned and was charged with fraud. ![]()
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