Nikola semi-trucks are scheduled to debut on the market at the end of 2021.
The company is expected to make a profit in 2025. Nikola was founded in the year 2015. It was founded by Trevor Milton.
They’ve focused on freight transport and motorsport. Nikola One was the first-ever truck manufactured by the company that was powered by hydrogen fuel cells.
The stunning-looking vehicle is sophisticated. We’ll let you know our thoughts about whether they’re worth the investment and the various kinds of models available.
We also talk about the length of time the batteries last and where you purchase one, how much insurance can set you back, and more!
- 1 Nikola Semi Truck Price
- 2 What Semi Trucks does Nikola have?
- 3 How Much does a Nikola Semi Truck Cost?
- 4 How are Nikola Semi Trucks Powered?
- 5 What Fuel does a Nikola Semi Truck Use?
- 6 How much would Maintenance cost on a Nikola Semi Truck?
- 7 How much would Insurance Cost on a Nikola Semi Truck?
- 8 Are Nikola Semi Trucks Worth It for the Price?
Nikola Semi Truck Price
A Nikola semi-truck is about $270,000. Nikola estimates that maintenance expenses will be around $6,680-$9,540 annually for its semi-trucks.
In addition, it estimates the price of hydrogen to cost around $2.47/kg which is equivalent to a cost of $0.33 each mile.
What Semi Trucks does Nikola have?
The company is fairly new in comparison to other manufacturers. The company has three semi-trucks that are scheduled to arrive.
Nikola One Nikola One was unveiled as an early prototype in the year 2015.
Nikola Two FCEV Nikola Two FCEV was unveiled again in the year 2019,
The Nikola Tre BEV that will be available by the end of 2021 is an electric version Other trucks are scheduled to be on the market in 2023-2024.
How Much does a Nikola Semi Truck Cost?
The typical cost for building their trucks is about $170,000.
Nikola intends to sell his trucks and has started accepting offers for the trucks starting at $270,000. It’s about 100k more than the typical cost of a standard truck.
They hoped to turn 22% of their profits by 2027.
If everything goes according to plan, Nikola or Tesla trucks will gradually eliminate diesel trucks over the next 20 or so years.
How are Nikola Semi Trucks Powered?
The batteries are powered by fuel cell hydrogen. Hydrogen is superior to other batteries on the market currently and is ideal for longer journeys.
Hydrogen energy can be converted directly into electricity.
It is highly efficient and has low power losses and is ideal for transporting storage, delivering, and carrying energy.
They also utilize Lithium-ion batteries which are common in Tesla electric cars.
How much is the Nikola Battery?
Nikola believes that the batteries will cost about $70 per kilowatt-hour of storage capacity. The cost is based on the calculation of miles and usage.
At the present moment, the company has not demonstrated its full capabilities.
The company is planning to form agreements with big companies in the field.
In turn, it will reduce the costs of the manufacturing process. This means lower profits for the company but a faster time in the market.
How Long would the Battery Last?
The battery of the Nikola semi-truck can have an estimated range that ranges between 350 and 900 miles.
They have formed a partnership with IVECO which has built 15 truck prototypes.
The testing process is ongoing and could go beyond the 900 miles that the company had previously believed the trucks could cover.
The battery can last between 120,000 and 300,000 miles. After that, they will require either a rebuild or replacement based on the condition.
How much is the Nikola Hydrogen Fuel Cell?
The Nikola hydrogen fuel cell price is not yet known. The company is planning to rent the truck and maintain them through a different company.
Bosch as well as Romeo Power make the batteries for trucks.
This company said that, if other vehicles want hydrogen as fuel Nikola is willing to sell the fuel at $3.50 per Kilo.
How Long does the Hydrogen Fuel Cell Last?
Fuel cells made of hydrogen can last between 150,000 and 200 000 miles. They can be reused and replaced.
A fully hydrogen-fueled tank has an estimated range of 35 miles according to the TRE BEV model 500 miles with the TRE FCEV model and 900 miles with model TWO FCEV.
Nikola has been testing the prototypes. In regular conditions, numbers likely change depending on the route, and the weather could affect the battery’s performance.
What Fuel does a Nikola Semi Truck Use?
They make use of hydrogen fuel cells to power. It also improves the performance of the vehicle, but it also reduces their weight and also the size of trucks.
Also, it emits no emissions to the environment.
Nikola is planning to transform the business transport industry and continuously improve its products until they are the top choice.
How much would the Fuel Cost?
These fuel cell hydrogens can hold up to 80kg and can take up to twenty minutes for filling from a tank that is almost empty. The estimated price to fill a hydrogen tank to capacity will be about $197.60.
This assumes Nikola will be able lower the cost of hydrogen fuel to $247 per Kilo. But the price for hydrogen fuel in the U.S. is approximately $14 per kilogram, which is 12.6 times greater than what they estimate.
The weight reduction is the most noticeable benefit to the driver. The truck weighs about 10,000 pounds less weight than a standard tractor.
The necessity for fuel tanks on a standard truck is one of the reasons for its massive weight, and its cost is around three times higher than the hydrogen filling up.
What is the Nikola Semi Truck Range?
Nikola is the owner of three semi-trucks. They intend to bring all three into the market by 2023.
The TRE BEV is an attractive truck that has a 350-mile range and 645 horsepower that could be charged up in just two hours.
The TRE FCEV looks futuristic and is able to travel 500 miles and a refueling time of 20 minutes as well as 645 horsepower.
The TWO FCEV is similar to the latest Volvo VNL, except more contemporary, sleek, and more attractive. It’s got a 900-mile range and a 20-minute fueling time with 645 HP.
How much would Maintenance cost on a Nikola Semi Truck?
Nikola believes that an average of $6,000-$9,000 each year.
They also believe that a new engine is required at the end of 700,000 miles. It seems like the company has considered every aspect.
If they can pull this off, and there’s no reason to believe they want it, they could have cut half the cost of maintenance to truck drivers.
But, for the time being, it’s just speculation. We’ll need to wait and watch.
How much would Insurance Cost on a Nikola Semi Truck?
If Tesla Model 3 was any indication it is likely that insurance on the Nikola semi-truck will be more expensive. However, we must remember that Tesla is a Tesla cost more to insure because of the cost of repairs.
It might not be the same for the case of a Nikola semi-truck. It’s at this point to be a guess. our estimate is $500-$800 per month at the lowest and $700-$1200 per month at its peak.
This includes this range of prices. It covers the North and South of the price range.
Are Nikola Semi Trucks Worth It for the Price?
If you’re looking to make a saving and want to appear contemporary, it might be worth purchasing the Nikola truck.
There are numerous benefits for the Nikola truck, such as the latest technology and dashboard for the driver.
Although it’s an appealing design, however, it’s not suitable for all. Veteran truck drivers rarely depart from their beloved Peterbilts and Kenworths that have an authentic truck feeling to them.
What Nikola or any other truck manufacturer should keep in mind is that they are trying to provide truck drivers with the experience of driving a car, but they are not able to do so with the latest technology and style.
Many truck drivers choose to take up the sport of truck driving to operate the truck and to feel like they’re in the real thing rather than the car. Could this be the biggest error? The time will tell.
Are Nikola Semi Trucks Safe?
The safety features that come with the Nikola semi-truck as you’d imagine are of the highest quality.
The trucks come with 12 cameras that surround the truck which gives the driver a full 360-degree view of the truck.
The trucks also feature electric motors in each wheel that allow them to activate the brake calipers in around 30 milliseconds. This is nearly 15 times quicker than a diesel vehicle which stops the truck earlier.
The panoramic perspective from the driver’s seat permits drivers to view the road ahead of them as well as the sides. An entry in the middle of the cab permits the driver to place the vehicle in a less crowded way.