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Nikola stock sinks to a 52-week low, a NHTSA complaint claiming the fuel cell shuts down unpredictably, and one of hydrogen’s early adopters remains unconvinced. Is it time for Nikola to throw in the towel on hydrogen?

William Hall’s Coyote Container company made headlines earlier this year, when it became the first company to successfully complete a 400-mile delivery in a Nikola Tre semi truck powered by a hydrogen fuel cell.

Hall, Managing Member and Founder of Coyote Container, drove the hydrogen Nikola over the hilly, 400-mile route that took the truck and its 17.7 ton trailer through California’s Altamont Pass and Grapevine Canyon on the I-5 interstate between the Port of Oakland and the Port of Los Angeles in Long Beach. The trip seemed like a ringing endorsement for the hydrogen-powered trucks. Nearly a year later, though, William seems to have soured on the early adopter experience, specifically citing higher-than-anticipated operating costs, fuel costs, weight limitations, and warranty concerns.

Coyote Container’s Nikola

Coyote Container completes historic trip in fuel cell truck
Image via Coyote Container.

“The truck costs five to ten times that of a standard Class 8 drayage [truck],” Hall told Clean Trucking. “On top of that, you pay five to ten times the Federal Excise Tax (FET) and local sales tax, [which comes to] roughly 22%. If you add the 10% reserve not covered by any voucher program, you are at 32%. Thirty-two percent of $500,000 is $160,000 for the trucker to somehow pay [out of pocket].”

Coyote Container isn’t alone in expressing concerns about the practicality of hydrogen trucks in general, but there are concerns about Nikola’s hydrogen semi truck, in particular.

In an official NHTSA complaint made against one Nikola HFCEV, the truck experienced five roadside propulsion outages resulting in three towings and two instances where the truck had to limp home on battery power. The failure was unpredictable, cutting off power while the vehicle showed between 20 and 140 miles left of FC range.

The first such incident happened with about 900 miles on the truck’s odometer, while the most recent occurred at 28,340 miles. You can read more about the Nikola NHTSA complaint, below – or just read Hall’s summary of the situation, in his own words: I have dealt with more tow trucks in the last 10 months than in my entire 62 years on this Earth.

NHTSA ID Nu. 11621826

Screencap; via NHTSA.

While no recall has been issued for the above issue yet, the company has been no stranger to recalls in the past, and may be sensitive about issuing another one as its stock reaches a new 52-week low (more on that in a minute).

Regardless, the company issued a technical service bulletin (TSB) on October 29th, just 13 days after the official NHTSA complaint was filed.

The TSB itself mentions that, “a coolant fitting may come loose due to excess tension on a coolant line. Extension of the hose returns the tension to an appropriate level,” but while it’s unclear whether or not the TSB is intended to address the propulsion system, what is clear is that the TSB impacts VINs 001-266 – effectively all of the Nikola hydrogen semis currently on the road (as of September 30, Nikola reported selling 235 hydrogen semis).

And as for what it costs to fill up one of those 266 hydrogen semis? Hall says it’s impossible to tell. “No one will tell you what the H2 fuel costs,” he said. “This is because it’s being subsidized by the truck manufacturers by artificially raising truck pricing. This is a severe market distortion.”

Hall also said the added weight of the truck’s hydrogen system, compared to a conventional semi, was also hurting his ability to operate the trucks. “A Nikola Tre FCEV weighs 27,000 pounds versus my heaviest [diesel] sleeper weighing 19,400 pounds,” he told Clean Trucking, in that same interview. “Most drayage trucks weigh between 16,000 to 18,000 pounds. Shippers max out cargo whenever they can, so I have to constantly switch to a diesel in order to be road legal.”

A higher GVWR rating for ZEV trucks, especially on drayage facilities and on off-highway routes with lower relative speeds, could help mitigate that issue without adding excessive risk at highway speeds.

That won’t happen overnight, however, and Hall is losing patience.

The Coyote Container founder took to LinkedIn to vent. There, he shared some thoughts on a Seeking Alpha article calling Nikola a, “strong sell.” Hall wrote, “I have experienced an amazing amount of warranty repair down time in the last 14 weeks only making five of my weekly trips from Oakland to Long Beach. Dealing with battery failures and fuel cell shutdowns.”

Dave Baiocchi, General Manager of ETHERO Truck + Energy (the selling dealer), chose to respond to Hall publicly, writing in defense of Nikola, “I think it’s fair to say that as an extremely early adopter of this technology, and with one of the first units off the assembly line this truck has served you well.”

Nikola recently celebrated the production of its 300th hydrogen semi truck at the company’s Coolidge, Arizona facility. Nikola’s third-quarter net revenue reached $25.2 million, falling short of Wall Street estimates of $37.2 million. The miss was blamed on the unexpected costs associated with the repurchasing of 20 battery-electric Nikola Tre trucks in October.

Electrek’s Take

Nikola-CEO-Q2
Nikola Tre; via Nikola.

Despite what might be perceived as the negative tone of this article, I want Nikola to succeed. I want to see a new American truck company figure out a way to succeed, and a way to continue to grow. That said, having proxy arguments with your customers about very real, very concerning issues on social media – and through your dealers – isn’t the way to do that.

We (I) reached out to Nikola staff through both email and LinkedIn on Tuesday regarding these facts and other (as yet) unsubstantiated rumors about its 2025 FCHEV production plans, but received no response as of EOD, Friday, when this story went live.

SOURCES | IMAGES: Fuel Cell Works, NHTSA, Clean Trucking, Investing, Electric-Vehicles.com, Seeking Alpha, and Coyote Container, via William Hall (links throughout the article).

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This $15,000 Chinese EV can swap batteries faster than you can pump gas [Video]

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This $15,000 Chinese EV can swap batteries faster than you can pump gas [Video]

How does a fully charged battery in under 100 seconds sound? China’s CATL, GAC Group, and JD.com revealed a battery-swappable version of the Aion UT that can swap batteries quicker than you can pump gas.

The Aion UT Super can swap EV batteries in 99 seconds

The new battery swap version looks about the same as the current Aion UT sold in China, but it’s equipped with CATL’s Choco-SEB battery packs.

CATL introduced the new battery packs in December that can be swapped for a fully charged one in under 100 seconds, making it just as fast as filling up a gas tank.

The new Aion UT Super draws power from a 54.036 kWh CATL LFP battery, providing a CLTC driving range of 500 km (310 miles). Drivers can swap, charge, or rent batteries at one of CATL’s Choco Battery Swap Stations. It also features a single electric motor with 134 horsepower (100 kW).

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Measuring 4,270 mm in length, 1,850 mm in width, and 1,575 mm in height, with a wheelbase of 2,750 mm, the electric hatch is about the size of the Volkswagen ID.3.

Don’t feel like swapping? The electric hatchback can still recharge from 30% to 80% in 26 minutes, the company said.

Inside, the setup is relatively simple, with a floating infotainment screen at the center and a smaller driver display cluster.

The new Aion UT Super will be sold exclusively on JD.com, also known as the “Chinese Amazon.” GAC opened blind pre-orders on Wednesday ahead of its official launch next week during the 11.11 shopping festival, China’s largest shopping event.

According to CarNewsChina, prices for the swappable Aion UT Super are expected to range from 100,000 yuan ($14,000) to 120,000 yuan ($16,800).

Although the company promotes a full battery swap in as little as 99 seconds, it’s actually even quicker. A video from ThinkerCar shows the Aion UT Super swapping its battery at a CATL Chocolate Battery Swap Station in just 88 seconds.

The Aion UT Super joins other Chinese EVs, including the Changan Oshan 520, that are rolling out with CATL’s 99-second swappable batteries.

Several major Chinese brands, including GAC, Chery, NIO, FAW, and BAIC, are partnering with CATL to launch vehicles powered by its Choco-SEB batteries.

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Candela’s flying electric boats set to soar around the Maldives

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Candela’s flying electric boats set to soar around the Maldives

In a landmark move for sustainable maritime transport, Swedish firm Candela is bringing its hydrofoiling electric vessel, the Candela P‑12, to the Maldives, promising faster, cleaner, seasickness-free transfers from the airport to the remote atolls.

Reef rescue and comfort for tourists

The Maldives’ atolls face a serious threat from the thousands of twin-outboard speedboats that shuttle tourists and locals across the archipelago.

They’re heavy on fuel, produce large wakes, and are responsible for significant reef damage. These traditional gasoline-powered boats burn around 5 liters (1.3 gallons) of fuel per mile (15 times more than a bus), generate large wakes that erode coral, and emit CO₂ emissions that rank among the country’s worst.

Enter the P-12: By flying 1.5 meters (5 feet) above the water surface on two computer-controlled hydrofoils, it cuts energy consumption by 80% compared to conventional hulls, enabling long-range electric operation. The vessel produces minimal wake and engine noise, drastically reducing the impact on reef ecosystems and marine life – a critical win for one of the world’s most fragile marine environments.

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For vacationers, the change should be dramatic.

The ride inside the P-12 is described as a “magic carpet” experience: an air-conditioned cabin, wi-fi, entertainment screens, refreshment service, stroller and wheelchair access – and thanks to the hydrofoil system and active flight controller, virtually no waves, no slamming hull, and no seasickness.

It’s like flying, but without any turbulence.

Maldives order and deployment

In 2026, a fleet of ten P-12 vessels will begin operating between Malé International Airport and outer-island resorts, managed by operator Ego Shuttle, which has also signed for an additional ten units.

This will be the Maldives’ first electric vessel deployment, and the largest hydrofoil electric fleet in the world, according to the release. The vessels will be assembled, maintained and operated locally, with a logistics hub and green-job training for Maldivian workers.

“Wake and noise impact has been a real problem in many marine sanctuaries around the world. Until now, there have been no real options to electrify waterborne transport, as conventional hulls are simply too inefficient. With the P-12, we finally have a vessel with the range and speed to replace fossil-fuel boats — while minimizing the impact on this unique environment,” says Shabir Walji, CEO of Ego Shuttle.

The Maldives will now join other countries also incorporating the Candela P-12 electric ferry into their own sustainable over-the-water transportation systems, from Thailand to New Zealand, among several others.

Candela was founded just over a decade ago with a mission to design and build faster, more efficient, cleaner boats that outperform fossil-fuel vessels. 

The company has become world famous for its signature hydrofoils that lift the hull out of the water, dramatically reducing drag and thereby energy use. I’ve spent some helm time on both the C-7 and C-8, the pair of electric hydrofoil speedboats produced by Candela ahead of their expansion into commercial ferries like the P-12. And as someone who has operated both models, I can attest to how smooth the ride is and how impressive it truly feels to soar over the water.

Candela’s P-12 vessels have already entered service in Stockholm. One of its early pilots, a vessel called Nova, reportedly cut a 15 km route commuting time to 30 minutes, while using 84% less energy per passenger-kilometre compared to the diesel ferry it replaced. 

Electrek’s Take

This is a serious step forward – both for island-nation sustainability and for electrifying maritime transport. The Maldives face existential threats from climate change and ecosystem degradation, so reducing boat noise, wakes, and emissions is both environmentally urgent and commercially smart (since tourism depends on those healthy reefs).

In spite of the other major social challenges the country still faces – from limited freedoms for women to broader human rights concerns – it’s encouraging to see real progress on the environmental front. Meaningful climate action doesn’t erase those issues, but it does show that even small nations can take bold technological steps toward a cleaner future.

All told: This looks like a win-win for guests, operators and the environment. I’ll be closely watching how the service performs in 2026 – especially how much of a wake/reef benefit is achieved and how the guest experience compares to typical speedboat transfers. And if the Maldivian operators need someone to come report on the new fleet directly from a white, sandy beach, I’ll see if I can clear my schedule.

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Tesla launches ‘Multipass’ in more markets for frictionless third-party charging

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Tesla launches 'Multipass' in more markets for frictionless third-party charging

Tesla has quietly expanded its new MultiPass feature to more regions across Europe, allowing owners to charge at third-party stations directly through their Tesla account — no separate app, card, or registration required.

The feature, which first launched in the Netherlands earlier this year, is now rolling out to additional countries, including Germany and France, according to Tesla’s own support page. The update builds on Tesla’s push to make charging as frictionless as possible — not just at Superchargers, but across an entire network of compatible public chargers.

What is Tesla MultiPass?

Tesla describes MultiPass as a “seamless charging option” that lets drivers find and charge at third-party charging stations using their existing Tesla Account. By partnering with a network aggregator, Tesla now connects to over 1,000 charging networks and thousands of stations across Europe.

In practice, MultiPass aims to make the charging experience at third-party stations as close to a Tesla Supercharger as possible — you can simply tap your Tesla key card or select the stall in your Tesla app at a supported charger, and the cost of the session is automatically billed to your Tesla account. The same payment method used for Supercharging applies, and sessions appear right in your Tesla app’s charging history, unified with your Supercharger activity.

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Tesla’s goal is to reduce the number of sign-ups and third-party accounts you need to charge outside of Tesla’s own network. MultiPass turns the Tesla key card into a universal charging credential.

Tesla owners simply need to activate MultiPass through the Tesla app:

  1. Open the Tesla app and check “Messages” for the MultiPass invitation
  2. Tap Learn More → Next
  3. Follow on-screen steps to activate your key card via NFC

Once activated, you can start charging sessions in two ways:

  • Tap your key card directly on the supported third-party charger
  • Or, start the session in the Tesla app, selecting the stall remotely

Your session appears instantly in the app, complete with cost and time details, just like any Tesla Supercharger session.

Electrek’s Take

Tesla already operates the world’s most reliable and extensive DC fast-charging network. Supercharger is probably the best thing Tesla has ever done.

But outside of the Supercharger footprint, especially in Europe’s dense urban areas, third-party chargers fill critical gaps.

MultiPass eliminates one of the last friction points for Tesla drivers to use these third-party charging stations.

It looks like after a short testing phase in the Netherlands, Tesla is now ready to expand access throughout Europe.

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