Category

News

Nikola Two

Nikola Showcases Five Zero-Emission Products at Nikola World

By | News | No Comments April 17, 2019 | 5 min read April 17, 2019 | 5 min read
  • CEO Trevor Milton unveiled Nikola’s zero-emission vehicle future
  • Thousands witnessed first glimpse of Nikola Tre, the hydrogen fuel cell truck for European market and Nikola WAV, a new class of electric personal watercraft
  • Nikola Two: First Purpose Built Hydrogen Fuel Cell Class 8 Truck for long range driving with an optimum powertrain layout
  • Guests will see live demonstrations of Nikola Reckless, Nikola NZT and Nikola Two on April 17

SCOTTSDALE, AZ-– At tonight’s Nikola World event at WestWorld of Scottsdale, Nikola CEO Trevor Milton gave thousands of attendees a first peek into a global zero-emission future. The event was also live streamed to a world-wide audience via www.nikolamotor.com.

Hydrogen Instead of Coal

Hydrogen Instead of Coal: ThyssenKrupp Steel Launches Pioneering Project for Climate-Friendly Steel Production at Duisburg Site

By | News | No Comments April 17, 2019 | 5 min read April 17, 2019 | 5 min read
  • Provincial Government funds first test phase at Duisburg steel works
  • Project is the first funding under the initiative IN4climate.NRW
  • Project partner Air Liquide supplies the hydrogen

NRW Economic and Digital Minister Prof. dr. Andreas Pinkwart handed over a subsidy letter from the state on Monday in order to support the decarbonization of production at the largest German steel manufacturer by using hydrogen. 

EV plus Hydrogen

Bipartisan Bill to Expand Electric Vehicle and Hydrogen Fuel Cell Tax Credits

By | News | No Comments April 17, 2019 | 10 min read April 17, 2019 | 10 min read

WASHINGTON, D.C. – U.S. Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) today introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits.

Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. However, the tax credits begin to phase out permanently once automakers sell over 200,000 units. The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit.

nikola one with partner logos

ValueAct Capital Management Makes Bet on Hydrogen Fuel With Nikola Motor

By | Investor News, News | No Comments April 16, 2019 | 4 min read April 16, 2019 | 4 min read

Bloomberg--ValueAct Capital Management has built a new position in Nikola Motor Co., a closely held hydrogen fuel cell trucking company seeking to raise $1.5 billion to expand in the U.S., starting on the West Coast.

The firm invested $30 million to $40 million in Nikola prior to that fundraising campaign, according to ValueAct Chief Executive Officer Jeff Ubben. The precise stake is uncertain, though well less than 5 percent, he said. San Francisco-based ValueAct purchased shares from Nikola’s chief executive officer along with some early investors.

Grove Automotive Prototype 1 Car sharign

China’s First Hydrogen “Sharing Automobile” Project Launched in Nan’an District of Chongqing

By | News | No Comments April 16, 2019 | 3 min read April 16, 2019 | 3 min read

10,000 Grove Hydrogen passenger cars will get on road in 2020-2021

WUHAN, China –Just click your phone and you can drive the car. There is no cost of oil, maintenance or insurance when you return it. As sharing cars can alleviate traffic jam and conserve energy, it is becoming a strong trend.

On April 11th, 2019, Chongqing Nan’an District government, Chongqing Panda Automobile Rental Company and Chongqing Geosciences Industry Technology Institute Co., Ltd. signed a three-party strategic cooperation agreement to launch the hydrogen “sharing car” project, which will be the first of its kind in China.

Fuel Cell Forklifts 2

Germany: NIP 2: Funding Call for Fuel Cell Powered Material Handling Vehicles

By | News | No Comments April 16, 2019 | 2 min read April 16, 2019 | 2 min read

NOW–The Federal Ministry of Transport and Digital Infrastructure (BMVI – Bundesministerium für Verkehr und digitale Infrastruktur) is now supporting fuel cell-powered material handling vehicles in fleet applications. Applications may be submitted until 31 July 2019. A total funding volume of 4.2 million euros is available.

Intelligent Energy 2.4 kW system Main FCW

Intelligent Energy Leads UAV Fuel Cell Power Market with Launch of 2.4kW Module

By | News | No Comments April 16, 2019 | 3 min read April 16, 2019 | 3 min read
  • Extends product portfolio to offer a flight duration of over five times that compared to batteries
  • Provides reliable solution for powering heavier and larger UAVs with higher payloads

Loughborough– Intelligent Energy is to launch a market leading 2.4kW fuel cell power product for the commercial UAV market at the largest industry show, AUVSI Xponential 2019, Chicago (30 April – 2 May).

error: Alert: Content is protected !!