Nikola and hydrogen-related company BayoTech to become partners
Nikola plans to acquire up to 10 BayoTech HyFill transport trailers, facilitating the distribution of high-pressure gaseous hydrogen from the production sites to refueling stations that serve fuel cell electric vehicle fleets. In return, BayoTech is expected to purchase up to 50 Nikola Class 8 hydrogen fuel cell trucks.
Via its HYLA brand, FCEV truck manufacturer Nikola will partner with BayoTech, an innovator in hydrogen production, transportation and storage solutions. The newly-announced agreement aims to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets.
More into details, Nikola plans to acquire up to 10 BayoTech HyFill transport trailers, facilitating the distribution of high-pressure gaseous hydrogen from the production sites to refueling stations that serve fuel cell electric vehicle fleets. In return, BayoTech is expected to purchase up to 50 Nikola Class 8 hydrogen fuel cell electric vehicles for zero-emission hydrogen transport. The trucks will be delivered over the next five years, with the first twelve trucks being delivered in 2023 and 2024.
Statements from Nikola and U.S.-based hydrogen company BayoTech
The Nikola trucks will be paired with BayoTech’s HyFill bulk hydrogen transport trailers to deliver low-carbon hydrogen to offtake customers from BayoTech’s hydrogen production hubs.
“Nikola and BayoTech are united by a common goal of providing reliable access to hydrogen throughout the United States,” said Michael Lohscheller, President and CEO of Nikola Corporation. “BayoTech’s low-carbon hydrogen fuel and transport equipment will play an important part in supporting the adoption of Nikola’s Class 8 fuel cell electric zero-emission trucks.”
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“We’re immensely proud to be an industry leader in our commitment to deliver hydrogen to local customers via zero-emission fuel cell trucks,” added Mo Vargas, President and CEO, BayoTech. “Partnering with forward-looking companies like Nikola allows us to accelerate the deployment of our hydrogen hub network and stimulate the growth of the hydrogen ecosystem.”