Nikola Corp said that it would sell up to 75 hydrogen-powered trucks over three years to fuel-cell technology developer Plug Power Inc.
Nikola Corp, an Electric vehicle (EV) maker is looking to capitalize on tax incentives provided by the US Inflation Reduction Act (IRA) to lower costs of adopting EVs for commercial purposes.
Plug Power will attach its liquid hydrogen tankers to Nikola’s trucks, whose deliveries will begin next year, to transport green hydrogen fuel across North America.
The company will also provide a liquefaction system for Nikola’s hydrogen hub project in Buckeye, Arizona, which will produce 30 metric tons per day of the gas initially, and scale up to 150 metric tons per day.
Nikola said that low-carbon hydrogen from the facility will enable further deployment of its Tre fuel-cell electric trucks.
Plug Power will also supply Nikola 125 metric tons per day of green hydrogen, and the latter has the option to secure more volumes and also to source the hydrogen fuel from elsewhere in the United States.
Earlier this year, Nikola said that incentives provided by the IRA would help the company lower costs of its electric trucks and hydrogen energy business.
Nikola had said that it plans to build up to 60 hydrogen-dispensing stations by 2026 and enable access to up to 300 metric tons of low-carbon hydrogen supply.
Tags: EVs, Hydrogen-powered, Nikola, Plug Power, Trucks
Recent Posts
Govt to introduce hydrogen-based process for steel production
LR to support Shandong Marine Group’s green energy transition
Bureau Veritas assesses technical viability of carbon capture tech
Ricardo gets AiP for marine hydrogen fuel-cell system
K Line successfully conducts B100 trial
Centre extends bid deadline for oil, gas blocks
CoolCo inks long-term charter deal with GAIL
Airbus launches aviation liquid hydrogen project