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Stock impact report

Nikola leader talks future of hydrogen-powered trucks in US [Yahoo! Finance]

Best Buy Co., Inc. (BBY) 
Last best buy co., inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Speaking with FreightWaves CEO Craig Fuller at FreightWaves' F3: Future of Freight Festival, Clayton discussed the future of hydrogen in trucking. Nikola, which is working to build solutions for a zero-emission world, offers both hydrogen and electric Class 8 trucks. The company also developed HYLA to distribute hydrogen. “That's going to take a tremendous push, not just from Nikola or HYLA,” the Nikola global head of sales said. “It's going to take an ecosystem coming together, which we're seeing.” Nikola sees its trucks being used in government fleets, ports and drayage. “I live in Georgia,” Clayton said. “When you're looking at the Port of Savannah and you see all those trucks lined up and sitting, or to go to LA, you have to ask yourself, from the congestion standpoint … what can we do to make this better? And that's where we see this really, and that's where it has been really taking off.” Fuller brought up the maintenance aspect of the growing field, pointing to the sho Show less Read more
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