Nikola discloses order of 100 hydrogen fuel cell trucks from AiLo

Nikola Corporation (NASDAQ:NKLA) announced at the ACT Expo that drayage carrier AiLO placed a 100-truck order of Nikola hydrogen fuel cell electric vehicles from Tom’s Truck Centers, which is a member of the Nikola sales and service dealer network. Deliveries are scheduled to begin in 2025.

AiLO, a newly rebranded company combining other corporations, including MDB Transportation, had previously ordered 50 Nikola FCEVs from Tom’s Truck Centers. Deliveries from that original order have commenced and are ongoing throughout 2024. “We’re not just in the business of moving goods; we’re in the business of moving businesses forward. Through innovation, technology, and sustainable practices, we aim to redefine the logistics landscape and drive positive change in the industry,” stated AiLo CEO Jack Khudikyan. “This strategic move to incorporate Nikola FCEVs into our operations reaffirms our commitment to environmental stewardship and underscores our proactive approach toward embracing cutting-edge technologies,” he added.

Shares of Nikola (NKLA) were up 3.95% in Tuesday morning trading.