OSLO, Norway -Friday 29 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Nel ASA (Nel, OSE: NEL) has been awarded a contract for delivery of 448 electrolysers and associated fueling equipment to Nikola Motor Company (Nikola) as part of Nikola’s development of a hydrogen station infrastructure in the US for truck and passenger vehicles. Under the multi-billion NOK contract, to be deployed from 2020, Nel will deliver up to 1 GW of electrolysis plus fueling equipment.

“We are proud to announce this 1 GW electrolyser contract with Nikola. The multi-billion NOK contract is the largest electrolyser and fueling station contract ever awarded. It will secure fast and cost efficient fueling of Nikola’s fleet of hydrogen trucks, as well as a growing fleet of Fuel Cell Electric Vehicles. We look forward to working with Nikola on developing the world’s largest, most efficient network of low-cost hydrogen production and fueling sites,” says Jon André Løkke, ... Read more »