Nel ASA: Fourth Quarter 2017 Results
…in the fourth quarter of 2016. The company entered into an exclusive partnership with Nikola Motor Company (“Nikola”) during the quarter and is evaluating
…in the fourth quarter of 2016. The company entered into an exclusive partnership with Nikola Motor Company (“Nikola”) during the quarter and is evaluating
…negotiations on $2 million funding for development of hydrogen compression technology for fueling of heavy duty vehicles. The proposed funding will be shared between
…new facility will accommodate the multi-billion NOK order from Nikola Motor Company (Nikola). The manufacturing plant will be constructed as an extension of the
…product developments to prepare for deliveries to Nikola. Nel also invested USD 5 million into Nikola as part of their C-round financing during the
…had taken over Phoenix Hydrogen Hub from Nikola, including electrolyser stacks already delivered by Nel. “I am happy we managed to renew our relationship
…development with Nikola Motor Company, and the work to revolutionize the heavy-duty trucking industry with a nationwide U.S. network of hydrogen stations. “Nikola is
…(“Nel” or the “Company”) earlier today regarding the award of a multi-billion NOK electrolyzer and fueling station contract by Nikola. The Company has retained
…EBIT was NOK -72.0 million (-90.7), while the pre-tax income ended at NOK 594.3 million (-94.7) following the listing of Nikola Corporation (Nikola) and
…This includes costs relating to the ramp-up at the new Herøya facility, which will commence production for Nikola and Everfuel in the fourth quarter.
Mon, Feb 25, 2019 11:19 CET Nel has together with Air Liquide, Hyundai, Nikola Motor, Shell and Toyota signed a Memorandum of Understanding (MOU)