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United States Archives - FuelCellsWorks

fuel cells works, California: FCEV Sales, FCEB, & Hydrogen Station Data as of January 1, 2020

California: FCEV Sales, FCEB, & Hydrogen Station Data as of June 1, 2020

By | News, USA | No Comments June 10, 2020 | 2 min read June 10, 2020 | 2 min read

Each month the California Fuel Cell Partnership publishes the latest statistics on how many fuel cell cars have been sold and leased, how many fuel cell buses are on the road, and how many hydrogen stations are open in California.

In these new June numbers, there was an increase of 78 hydrogen fuel cell cars and 7 buses sold/leased in the U.S.A.

fuelcellsworks, hydrogen, solar

HL Acquisitions Corp. Executes Business Combination Agreement with Fusion Welcome-Fuel, SA providing Entry Into the Green Hydrogen Sector

By | News, Europe, Investor News, USA | No Comments June 8, 2020 | 6 min read June 8, 2020 | 6 min read

New York, New York ––  HL Acquisitions Corp (Nasdaq: HCCHU, HCCH, HCCHR, HCCHW) (“HL”), a NASDAQ listed company formed for the purposes of entering into a business combination with a focus on the hydrocarbon logistics industry, announced today that it has executed a definitive agreement for a business combination with Fusion Welcome-Fuel, SA (“Fusion Fuel”), a Portuguese public limited company.

Hanwha Nikola

Hanwha Considering Entering U.S. Hydrogen Ecosystem After Nikola’s Successful Debut on Nasdaq

By | News, Korea, USA | No Comments June 8, 2020 | 3 min read June 8, 2020 | 3 min read

SEOULAccording to Senior Executive Kim Dong-kwan, who is leading the corresponding strategic initiative, Hanwha Group intends to make its first foray into the market for hydrogen fuel cell vehicles. In a statement, Hanwha said that its partnership with US start-up Nikola, which specializes in fuel cell and battery vehicles, was a great success, with the company’s share price closing at a record high on Tuesday, which increased its value to $12.2 billion. Its net profit in the first quarter of this year rose to about $750 million, compared with $500 million in the same period a year ago. According to Senior Executive Kim Dong-kwan, Hanwha Group is considering making its first foray into the market for hydrogen fuel cell vehicles.

Fuel cells works, Behind The Wheel: An Electrifying Partnership – CNH Industrial And Nikola Corporation

CNH Industrial Announces Updates on its Investment in Nikola Corporation

By | News, Europe | No Comments June 8, 2020 | 3 min read June 8, 2020 | 3 min read

London–CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced the following updates on the $250 million  investment, made through its IVECO commercial vehicle segment, in Nikola Corporation (NASDAQ: NKLA) as a consequence of the completion, on June 3, 2020, of the previously announced merger between VectoIQ Acquisition Corp., a publicly-traded special purpose acquisition company, and Nikola Corporation (the ‘Merger’).

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