Startup Nikola Bets Hydrogen Will Finally Break Through With Big Rigs - News Summed Up

Startup Nikola Bets Hydrogen Will Finally Break Through With Big Rigs


The problem isn’t the technology, argues the founder of Arizona startup Nikola Motor, but that big trucks are a much better choice for hydrogen. It also wants carmakers like Toyota, General Motors, Honda, Hyundai and Daimler to use those stations to expand their hydrogen fuel cell vehicle sales beyond California. “The thing that Nikola brings to the table is we actually provide the entire network, we’re building 700 hydrogen stations around America. Nikola intends to build 700 fuel stations across the U.S. over the next decade, making zero-emission hydrogen from water using electricity from renewable energy. If Milton achieves half as much for hydrogen, while automakers keep building up their fuel cell offerings as hydrogen finds its way into new applications, the impact would be dramatic.


Source: Forbes April 14, 2019 13:30 UTC



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