Nikola Corp., which plans to mass-produce hydrogen-powered electric semi-trucks, said it’s buying a $50 million stake in an Indiana energy project led by Wabash Valley Resources that’s converting an idled coal-fired power plant into a large-scale hydrogen factory. The Phoenix-based startup is getting a 20% stake in the West Terre Haute, Indiana, facility in exchange […]
Nikola, Iveco and OGE sign preliminary hydrogen distribution agreement
Truckmaker Iveco, electric and hydrogen vehicle maker Nikola and German gas network operator OGE said on Wednesday they entered a preliminary agreement to support hydrogen distribution for fuel-cell electric vehicle (FCEV) refuelling. The three companies will cooperate to set out a business structure for transporting hydrogen via pipeline network from production sources to hydrogen fuelling […]