PHOENIX , Oct. 21,
2024 /PRNewswire/ -- Nikola Corporation (Nasdaq:
NKLA), a global leader in zero-emissions transportation and energy
supply and infrastructure solutions, via the HYLA brand,
released their first-ever sustainability impact report today.
Nikola's 2023 Sustainability Impact Report covers
environmental and social impacts, reporting, and progress towards
Nikola's sustainability priorities.
According to the Environmental Protection Agency (EPA), the
transportation industry causes an estimated 28% of direct U.S.
greenhouse gas (GHG) emissions. Medium and heavy-duty trucking
represents approximately 23% of transportation industry GHG
emissions.
"Nikola's commitment to sustainability is not just trendy or a
nice-to-have, it's who we are, and the marketplace is realizing
that it's time to shed the old standards of the transportation
industry for new solutions," said Alexia
Bednarz, Nikola's Head of Sustainability. "And today,
hundreds of Nikola zero-emissions trucks are on the road,
delivering goods."
In 2023, more than 10% of Nikola's Coolidge manufacturing facility's energy
output was covered by solar power, and in 2023, Nikola outperformed
internal manufacturing targets to reduce waste. Data highlights
from the report include:
- Scope 1 and 2 greenhouse gas accounting (2023)
- 114 total vehicles sold (in 2023)
- 45% diversion rate of manufacturing waste (in 2023)
- 100% of scrapped lithium-ion batteries recycled or reused
(in 2023)
- 192 metric tons of batteries reused and recycled (in
2023)
- 182 metric tons of hydrogen dispensed (from 12/27/23 to 9/30/24)
- 5,091 hydrogen fueling events (from 12/27/23 to 9/30/24)
"We believe there is both an opportunity and responsibility to
participate in mitigating climate change," said Bednarz. "The
future is important to us at Nikola, so is the health and safety of
drivers and communities surrounding ports, where Class 8 trucks are
often found. We are seeing this momentum throughout calendar year
2024 with increased truck sales, more HYLA-authorized stations
opened and a larger sustainability impact as zero tailpipe
emissions trucking becomes more widespread in North America."
ABOUT NIKOLA CORPORATION:
Nikola Corporation's mission
is clear: pioneering solutions for a zero-emissions world. As an
integrated truck and energy company, Nikola is transforming
commercial transportation, with our Class 8 vehicles, including
battery-electric and hydrogen fuel cell electric trucks, and our
energy brand, HYLA, driving the advancement of the complete
hydrogen refueling ecosystem, covering supply, distribution and
dispensing.
Nikola headquarters is based in Phoenix, Arizona with a manufacturing facility
in Coolidge, Arizona.
Experience our journey to achieve your sustainability goals at
nikolamotor.com or engage with us on social media via Facebook
@nikolamotorcompany, Instagram @nikolamotorcompany, YouTube
@nikolamotorcompany, LinkedIn @nikolamotorcompany or X /
Twitter @nikolamotor.
FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements
within the meaning of federal securities laws with respect to
Nikola Corporation (the "Company"), including statements relating
to: the momentum throughout calendar year 2024 with more Nikola
trucks sold, more HYLA-authorized stations opened and a larger
sustainability impact as zero tailpipe emissions trucking becomes
more widespread in North America. Forward-looking statements
are predictions, projections, and other statements about future
events based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: completion of the Company's review of its third quarter
results; changes to assumptions underlying vehicle sales; the
ability of the Company to access sufficient capital to meet its
requirements and fund its business; manufacturing delays and
difficulties; risks related to the rollout of the Company's
hydrogen fueling infrastructure and the timing thereof;
construction risks and delays; the availability of access to
hydrogen refueling facilities; the level of and cancellation of
customer orders; risks associated with manufacturing batteries and
fuel cell power modules; variations in and characteristics of the
hydrogen fueling location, including but not limited to fueling
hardware and software protocol, fuel amount, and fueling
conditions, any of which may affect refueling times; and the
factors, risks and uncertainties described in the "Risk Factors"
section of the Company's annual report on Form 10-K for the year
ended December 31, 2023 filed with
the SEC, in addition to the Company's subsequent filings with the
SEC. These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and, except as required by law, the Company assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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SOURCE Nikola Corporation
