Why expensive power could soon accelerate, rather than retard, the US EV adoption divide
Thus far US BEV adoption has largely been strongest in areas that have higher residential power prices. What if that became a feature, not a bug?
The start-up is shifting strategically away from electric towards hydrogen. The key question is whether the move is company-specific or reflective of industry demand
Phoenix-headquartered truck manufacturer Nikola will pivot away from its Tre BEV model to focus on its hydrogen Tre FCEV, announcing a pause on manufacture of the former and a switch to a produce-on-demand strategy on resumption. “Let me lay it out very plainly: the future of Nikola is hydrogen,” says the firm’s CEO Michael Lohscheller.
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