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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

U.S.-based Hyzon to begin production of Class 8 fuel cell truck

“Our Class 8 200kW FCET is the culmination of years of engineering, and today we are proud to announce it has evolved from a prototype to a vehicle ready for full production, empowering fleet operators to reduce emissions without sacrificing power, range, or reliability”, said said Hyzon Chief Execu...
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