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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

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...

Mercedes GenH2 fuel cell truck begins customer trials in Germany

Air Products, Amazon, Holcim, INEOS and Wiedmann & Winz are the very first customers. These companies have the opportunity to gain practical experience in long-distance transport with fuel cell trucks at an early stage, during a trial phase of around one year. On the other hand, the Daimler Truck de...

The Aero range, the new e-axle, and more. Volvo is gearing up for IAA 2024

“I’m excited to see the reactions from customers and media on our new truck ranges and future technologies”, says Roger Alm, President Volvo Trucks. “Our line-up at this year’s IAA will show the global strength of the Volvo Group and will demonstrate our commitment to reaching zero emissions and zer...
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