The balance of calls on Nikola stock is tilting toward the upbeat side.
Kauffman sees commercial diesel engines giving way to battery and fuel-cell technologies. “It is also not a question …whether-or-not Nikola participates in that revolution,” wrote Kauffman. “It is a question of to what degree.”
The opportunity the stock offers doesn’t depend entirely on GM, or a resolution to the short seller’s claims. Kaufmann says global sales of commercial vehicles could grow from some $600 billion currently to as much as $800 billion, giving Nikola vast room to grow.
And zero-emission sales are set to grow. “There is an accelerating political push by countries around the world to reduce carbon footprints and transition” to clean vehicles, adds the analyst.
Eipä ole hetkeen näin positiivisia juttuja näkynyt
Driven by high demand for hydrogen trucks, its strong technology, the sale of services, and its likely partnership with GM, Nikola has a bright future.
Still, the lockup expiration is likely to put meaningful downward pressure on NKLA stock. As a result, I continue to advise longer-term investors to buy the shares on the downturn that is likely to occur after Dec. 3.
Nikola’s new CEO Mark Russell portrayed Nikola as still having a foundation solid enough from which to disrupt the clean trucking sector and make a serious impact on climate change when he kicked off the latest ACT Virtual event on Nov. 17.
“Carbon emissions from heavy trucking and from transportation in general have grown faster than any other segment of the economy,” Russell noted during the ACT keynote. He added that like European nations that have already set forth carbon neutral goals in the next 15 years (with Norway aggressively targeting 2025), the U.S. must “get rid of fossil fuels and start moving towards a zero emission future for heavy transportation and commercial trucking.”
California and 14 other states, along with Washington D.C., signed the Multi-State Medium- and Heavy-Duty Zero-Emission Vehicle Memorandum of Understanding to incrementally increase the sales of ZETs to 30% in those areas by 2030
Recently, most of the traditional heavy-duty OEMs have also explored fuel-cell powertrains. Kenworth and Toyota have had a partnership in place since 2019 to fit the Kenworth T680 with fuel cells. Toyota Motors North America and Hino will also begin testing fuel-cell electric trucks (FCET) based off the Hino XL Series on North American roads in 2021.
Daimler AG and Volvo Group also formed a strategic partnership this summer
Navistar has also partnered with Cummins to develop a fuel-cell option of the International RH Series.
Hyundai Motor Co. may be the first to market with its XCIENT Fuel Cell trucks in 2022. Testing should begin next year.
While the questions around electric truck charging are currently being practically figured out and vetted, understanding how to realistically install the hydrogen stations to power fuel-cell electric trucks is still in the nascent stages.
“We had to solve the chicken-and-egg problem that’s always been involved when you’re talking about hydrogen fuel-cell vehicles,” Russell said.
They believe they have solved that problem and have 700 hydrogen stations planned in the U.S. and more plans to grow in the European market over the next decade in three phases.
Join us for the Presentation of the key findings of the Study on Fuel Cells Hydrogen Trucks on 23 November. Commissioned by the FCH JU, the independent study, to be released in December, provides an in-depth analysis of the market potential of heavy duty fuel cells underpinned with concrete case studies. https://www.fch.europa.eu/sites/default/files/documents/Agenda-Truck%20study.pdf
Nikola also announced progress in preparing the Iveco plant in Ulm for the mass production of electric trucks. Civil works and building infrastructure were completed, including the floor, heating system and walls. Production cells are currently being built. Until then, the two partners began installing an automatic guide line for the production line. The facility should be ready for the start of series production in August 2021.
Eniten tässä Nikola-keississä ärsyttää se, että porukka suhtautuu firmaan siten, kuin sen pitäisi tehdä jo raudan kovaa tulosta pää märkänä. Firma on vasta startup vaiheessa ja käynnistelemässä liiketoimintaansa ja jonkinlaista rahavirtaa on tiedossa vasta ensi vuonna ja siitä eteenpäin, kunhan talo saa myynnin sujumaan. Nythän porukka odottaa GM-diilin julkaisia, mikä voi tulla vielä tämän kuun aikana tai ensi kuun alussa. Minä menen tämän suhteen maltilla sillä aikaa, kun osa porukasta hermoilee tämän kanssa
Hienoa, että olet aktiivinen, mutta… nyt (kirosana tähän) lue muutama viesti ylempää ennen kuin postaat uusia viestejä. @hartZa on postannut kaikki em. mainitut linkit muutama päivä aikaisemmin ja vielä lainauksineen. @NEA tästä juuri mainitsi 2t sitten…
Jännä, että on mennyt viime maanantaista +50%, mutta silti tuo uhka joulukuun alun myynneistä on horisontissa. Meneekö tämä täysin tämän kovan EV-hypen piikkiin vai onko jotain Nikolaan liittyvää tarkemmin taustalla?
Tähän kun osaisi vastata, niin olisi varmaan varmaan paljon varakkaampi . Onhan vety-hommat vetänyt paljon nyt, totta ja uusi ceo ollut uutisissa paljon. GM diiliin varmaan pörssi uskoo. Toisaalta, 03.12 loppuu lockdown optioista, jolloin odotetaan suurta tiputusta.
Itse olin mukana jo spacin aikana ja myin suht hyvällä voitolla pois. Nyt kun markkinoille tulee paljon uusia vety-firmoja/rekkoja, niin jotenkin pelkään että NKLA:n ns. etumatka (onko sitä oikeasti paljon) tulee vähenemään. Omien vety-asemien rakentaminen on kyllä huima mutta myös erittäin haastava idea.
Veikkaan, että isot öljy-yhtiöt tekevät jo jotain vastaavaa isommilla muskeleillaan.
Voi olla että olen väärässä. Itse aion seurata vierestä ihan siihen asti kunnes gm/optio asiat ovat selvitetty.
. Onhan vety-hommat vetänyt paljon nyt, totta ja uusi ceo ollut uutisissa paljon. GM diiliin varmaan pörssi uskoo. Toisaalta, 03.12 loppuu lockdown optioista, jolloin odotetaan suurta tiputusta.