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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

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

HVS finds partner for hydrogen truck trial in the UK

Hydrogen truck designer and manufacturer HVS has entered into a Memorandum of Agreement with Mannok Build Ltd to explore the integration of its Hydrogen Fuel Cell HGVs into the Mannok fleet. The latter is renowned for its manufacturing and service excellence in the UK and Ireland.

Hydrogen refueling, Daimler Truck and Linde launch new standard

The new process uses a new innovative sLH2 pump to slightly increase the pressure of the liquid hydrogen. This method facilitates a very robust fueling process that also keeps energy losses during refueling to a minimum. The pilot refueling station has a capacity of 400 kg of liquid hydrogen per hou...

Hyzon Motors faces Nasdaq delisting issues

The newcomer was forced to face a similar issue last May, with shared that managed to climb during the summer. Price fell down once again in December. Back in January, Hyzon Motors announced the company managed to deploy 19 fuel cell powered trucks during the previous year.
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