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Nikola plans to build more than 700 hydrogen stations by 2028

Nikola Motor Company plans on having more than 700 hydrogen filling stations across the U.S. and Canada by 2028, the first 14 of which will be operational by 2021.



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Author: PetrolPlaza Correspondent Daniel Infante Tuaño

This was revealed as the hydrogen-electric truck manufacturer announced the latest financing round of more than $100 million in August. The amount is expected to be doubled by the end of C-round financing.

Nikola Motor Company also announced that its fleet of hydrogen-electric trucks will be launched in 2020. To date, the company has nearly $11 billion in pre-order reservations; among them is the 800-truck order from Anheuser-Busch as previously reported on Petrolplaza.

In addition, a contract to build the world’s largest hydrogen network was already awarded to hydrogen solutions firm NEL in June.

“Nikola’s business model has been vetted, and the investment world is taking notice,” said Nikola CEO Trevor Milton.

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