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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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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...
News

fuel cell

Tevva launches its very first hydrogen truck with up to 500 km range

The fuel cell system tops up the battery, extending the vehicle’s range and allowing the truck to carry heavier loads over longer distances. One advantage of using the fuel cell as a range extender, rather than the primary source of power, is that it allows Tevva to provide smaller, cheaper and ligh...

FCEV truck with liquid hydrogen? Mercedes-Benz starts testing it

Liquid hydrogen has a significantly higher energy density in relation to volume compared to gaseous hydrogen. As a result, more hydrogen can be carried, which significantly increases the range and enables comparable performance of the vehicle with that of a conventional diesel truck.
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