Nikola Corporation

https://hydrogencouncil.com/wp-content/uploads/2021/02/Hydrogen-Insights-2021-Report.pdf

On-road. In on-road trucking, BEVs remain the most competitive decarbonization option for lowerand mid-range use cases. FCEVs are best positioned to cover long-haul use cases, especially the
upper spectrum cases with higher daily ranges. While most freight transport segments are not
weight-constrained, FCEVs are the only alternative for weight-sensitive use cases of any driving
range, including pulp and paper or iron and steel transport. That is because heavy batteries would
reduce the potential payload of trucks to a larger extent than would fuel cells and hydrogen tanks.

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