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Nikola Motor lays off 15% of its workforce. (www.electrive.com)

submitted 2 months ago by [email protected] to c/technology

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[–] [email protected] 10 points 2 months ago (1 children)

I was initially getting them confused with Edison, who actually have a viable product.

it is estimated that each truck costs Nikola over $1 million to manufacture, while the revenue stands at $380,000. This is not a sustainable business model for obvious reasons.

Fucking hydrogen fuel cell vehicles are a scam. They're expensive to build, expensive to run, explode if the tank is punctured, and refuelling them is a massively complex endeavor, if you can even find a station.

There is no application for hydrogen fuel cell vehicles that either a hybrid running on biofuel or an EV can't do better and cheaper.

[–] [email protected] 2 points 2 months ago (2 children)

Capitalists will do anything but electrified trains

[–] [email protected] 1 points 2 months ago

Trains from every factory to the end consumers might be a bit project