According to foreign media reports, electric vehicle manufacturer Nikola Corp said on May 5 that the company had obtained enough parts supply to achieve the goal of delivering 300 to 500 tre pure electric trucks this year. Then the company's share price rose by more than 7%** Nikola began producing pure electric trucks at the end of March. The company said it delivered 11 tre pure electric trucks in April, the first time the company has delivered vehicles to consumers.
Original title: Nikola said it could achieve the 2022 delivery target
The electric truck manufacturer also said that despite geopolitical tensions, they had secured a commitment from suppliers to meet their 2022 delivery targets. D. A. Davidson analyst Michael shlisky said: "Nikola has released several positive news and guaranteed that they can get enough batteries and important parts for the rest of the year."
Nikola has signed several letters of intent to buy its trucks with potential customers in the past few months, which shows that people's interest in its products is increasing. In addition to the pure electric truck, Nikola is also producing a hydrogen fuel cell semi-trailer truck, which has a range of 500 miles (about 800 kilometers) and takes less than 20 minutes to replenish fuel. This model is more suitable for long-distance cargo transportation.
The company said it expected revenue of $15 million to $18 million in the second quarter of this year and delivered 30 to 50 electric trucks. Analysts on average expected the company's second quarter revenue to be $11.5 million, according to refinitiv.
In the first quarter ended March 31, Nikola's net loss expanded to $152.9 million, or 37 cents per share, from $120.2 million, or 31 cents per share, a year ago. The company's revenue in the first quarter was $1.89 million.