Nikola Motor Company Chooses Nel As The Sole Equipment Supplier To Create The Largest Hydrogen Network In The World Covering Over 2,000 Miles And 16 Stations

SALT LAKE CITY, Nov. 15, 2017 /PRNewswire/ -- Nikola Motor Company has chosen Nel ASA as the sole equipment supplier to create the largest hydrogen network in the world that will cover over 2,000 miles and include 16 stations. Nikola has already kicked off two of the 16 stations and 14 more will follow immediately after installation.

"Nikola Motor Company is leading the way for hydrogen in the world," said Nikola CEO Trevor Milton. "Nikola has issued Nel a purchase order for the first two stations, based on Nel's alkaline electrolysers and H2Station technology. Our teams have decided to double our initial station number to 16 by reducing the size of the stations and create more hydrogen lanes."

"We have thousands of trucks that have been reserved and need to be delivered. The stations are the first step to completing that process," said Scott Perry, Nikola's chief operating officer. "Nel has delivered over 3,500 hydrogen solutions in over 80 countries since 1927. We are confident they can deliver."

Each station is anticipated to have the following specifications:

• Nel ASA to provide engineering, electrolysis, and fueling equipment. Nikola will provide the balance of plant, construction, dispensers and other station equipment.
• Hydrogen stations will initially produce up to eight tons daily, but can also be expanded up to 32 tons per day
• Each Nikola truck is anticipated to consume around 50-75 kgs per day
• Each Nikola truck will store between two and three megawatt hours (mWh) of energy.
• Each station will have around 4,000 kgs of backup storage for redundancy
• Each station is anticipated to produce hydrogen at 700 bar (10,000 psi) and 350 bar (5,000 psi)
• Nikola will allow all hydrogen vehicles to fill at our stations

Nikola's objective is to produce hydrogen through zero emission methods whenever possible by using wind, solar and hydro-electricity.  Milton recently spoke at the Zero Conference in Norway about the company's plans to reduce the emission from production to consumption.  Nikola is also exploring partnerships in Europe.

ABOUT NIKOLA MOTOR COMPANY
Nikola Motor Company designs and manufactures electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains.  NMC is led by its visionary CEO Trevor Milton (twitter: @nikolatrevor), who has assembled one of the most talented teams in the country to bring the Nikola products to market.  The company is privately-held.  For more information, visit nikolamotor.com or Twitter: @nikolamotor.

ABOUT NEL ASA
Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. They serve industries, energy and gas companies with leading hydrogen technology. Since its foundation in 1927, Nel has a proud history of development and continual improvement of hydrogen plants. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles today.  www.nelhydrogen.com

SOURCE Nikola Motor Company