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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.

Highlights

Hydrogen

Nikola launches new hydrogen brand HYLA

“The HYLA brand represents Nikola’s hydrogen-focused energy business by supporting our fuel cell electric vehicles and those of other OEMs,” added Carey Mendes, President, Nikola Energy. “Hydrogen energy is the catalyst for the HYLA brand and serves as a forward-looking solution for our customers"....

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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