09:28 uur 20-04-2018

Nel ASA ontvangt aanvullende bestelling van Nikola

OSLO, Norway–(BUSINESS WIRE)– Nel ASA (Nel, OSE: NEL) heeft een bestelling van 5,5 miljoen dollar ontvangen van Nikola Motor Company (Nikola), als onderdeel van de eerder aangekondigde waterstofstations.

“We zijn erg trots om aan te kondigen dat we een aanvullende bestelling van Nikola hebben ontvangen met betrekking tot de elektrolyseerder en brandstofoplossing voor hun prototypetrucks.De bestelling laat ons sterke partnerschap zien en het is een erkenning voor het competentieniveau van ons team en de waterstofoplossingen die we kunnen bieden. We kijken uit naar het leveren van de demostations, die de basis zullen leggen voor ‘s werelds grootste, meest efficiënte netwerk van goedkope waterstofproductie- en tanklocaties”, vertelt Jon André Løkke, Chief Executive Officer van Nel.

Nel ASA: Receives Additional Purchase Order from Nikola

OSLO, Norway–(BUSINESS WIRE)–Nel ASA (Nel, OSE: NEL) has received a USD 5.5 million purchase order from Nikola Motor Company (Nikola), as part of the previously announced hydrogen stations.

“We are very proud to announce that we have received an additional order from Nikola related to the electrolyzer and fueling solution for their prototype trucks. The order marks a strengthening of our partnership and is a recognition of the level of competence our team and hydrogen solutions can offer. We look forward to supplying the demo stations, which will lay the groundwork for the world’s largest, most efficient network of low-cost hydrogen production and fueling sites,” says Jon André Løkke, Chief Executive Officer of Nel.

On November 15, 2017, Nikola and Nel announced the exclusive partnership and a purchase order for two so-called demo hydrogen refueling stations for Nikola’s fleet of prototype hydrogen trucks. The partnership aims at developing low-cost, renewable hydrogen production and fueling sites for the potential development of 14 large-scale sites; however, Nikola and Nel are now evaluating if the initial station number should be doubled to 28 stations.

“The Nikola hydrogen electric semi-trucks will begin testing with fleets in 2019 and begin full production in 2021. One of the most respected brands in America just signed an order with Nikola to convert 100% of their fleet over to Nikola trucks. This will require an additional 28 more stations to go up to support those efforts on top of the existing Nel purchase order. Nel has been a great partner to work with and we are excited to begin replacing diesels in America with zero emission trucks. The future for zero emission trucks has never been brighter,” says Trevor Milton, Chief Executive Officer of Nikola.

The additional purchase order has a value of USD 5.5 million, bringing the total value for the demo stations to approximately USD 9 million, with delivery in the second half of 2018 and into 2019.

For additional information on Nel Hydrogen Stations, click here.

Contacts

Nel ASA
Christopher Van Name, +1-914-299-0492
Director of Corporate Marketing
or
Bjørn Simonsen, +47-971-79-821
VP Market Development and Public Relations

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