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Norwegian fuel cell maker TECO 2030 files for bankruptcy

"The board of directors has decided to file for bankruptcy. The board decision is unanimous and is due to the fact that there is no longer a realistic opportunity to raise sufficient capital to continue operations", was written in an official note.

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Nikola in need of new source of money to continue its business

Media reports say that the manufacturer has got the money to survive no longer than one quarter in 2025. Nikola managed to sell something like 200 hydrogen fuel cell trucks in the first 3 quarters of the year. At the same time, the company has been facing trouble for quite a long time, with the need...
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Hydrogen

Nikola and Plug Power sign supply agreement for mutual collaboration

According to the agreement, Plug Power will purchase up to 75 Nikola Tre FCEVs over the next three years, with the first trucks being delivered in 2023. Plug Power has been selected to provide its fully integrated liquefaction system for the recently announced Nikola hydrogen hub project.
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