Nel receives additional purchase order from Nikola Motor Company
Norway-headed hydrogen value chain solution provider Nel ASA (Nel) has announced that it has received an additional US$5.5 million purchase order as part of the previously announced hydrogen stations order from US-based Nikola Motor Company (Nikola), a privately held specialist designer and manufacturer of electric vehicles (EV), vehicle components, energy storage systems, and electric vehicle drivetrains.
The additional purchase order has a value of US$5.5 million, bringing the total value for the demo stations to approximately US$9 million, with delivery in the second half of 2018 and into 2019.
We are very proud to announce that we have received an additional order from Nikola related to the electrolyzer and fueling solution for their prototype trucks. The order marks a strengthening of our partnership and is a recognition of the level of competence our team and hydrogen solutions can offer. We look forward to supplying the demo stations, which will lay the groundwork for the world’s largest, most efficient network of low-cost hydrogen production and fueling sites, said Jon André Løkke, CEO of Nel.
In November 2017, Nikola and Nel announced the exclusive partnership and a purchase order for two so-called demo hydrogen refuelling stations for Nikola’s fleet of prototype hydrogen trucks. The partnership aims at developing low-cost, renewable hydrogen production and fueling sites for the potential development of 14 large-scale sites, however, Nikola and Nel are now evaluating if the initial station number should be doubled to 28 stations.
The Nikola hydrogen electric semi-trucks will begin testing with fleets in 2019 and begin full production in 2021. One of the most respected brands in America just signed an order with Nikola to convert 100 percent of their fleet over to Nikola trucks. This will require an additional 28 more stations to go up to support those efforts on top of the existing Nel purchase order. Nel has been a great partner to work with and we are excited to begin replacing diesel in America with zero emission trucks. The future for zero-emission trucks has never been brighter, said Trevor Milton, CEO of Nikola.