Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Up 15% Q3 results and new production going down well.
Just wait for a full Q4. The plant has only just opened up so give it chance.
Nikola & Everfuel need electrolysers now !!!
NEL HYDROGEN Net cash balance at the end of second quarter 2021 was NOK 2.93 billion.
EXTREMELY STRONG cash position and now with PRODUCTION 24/7 finally starting Q4 results should really begin to shift the dial.
"The pipeline of potential orders continues to grow and stands at a record-high amount of more than USD 6 billion. The pipeline represents more than 11 GW of installed electrolyser capacity, with the single largest potential order of 1.6 GW. Net cash balance at the end of second quarter 2021 was NOK 2.93 billion"
NEL HYDROGEN $6 BILLION " pipeline of orders continues to grow, currently amounting to more than USD 6 billion and Nel reiterates the strong long-term outlook and growth prospects for the sector."
NEL HYDROGEN supply the electrolysers to create the hydrogen for "Nikola and Bosch Group companies have signed agreements for Nikola to utilize fuel-cell power modules using technology licensed from Bosch
The agreements allow Nikola to incorporate fuel-cell power modules suited to meet the needs of Nikola’s vehicles, providing for competitive cost and performance advantages
Under the agreements, fuel-cell power module assembly will commence at Nikola’s manufacturing facility in Coolidge, Arizona in 2023 alongside production of Nikola’s Tre fuel-cell electric truck
Pursuant to the agreements, Bosch will provide key components to Nikola, including the fuel-cell stack, air compressor with power electronics and control unit with sensors
PHOENIX -- September 2, 2021 — Nikola Corporation (NASDAQ: NKLA), a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions, today announced agreements with the Bosch Group of companies for Nikola Class 7 and 8 fuel-cell electric vehicles (FCEV) which will enable Nikola to build the Bosch fuel-cell power modules at its Coolidge, Arizona facility.
The agreements will allow the adaptation of the fuel-cell power modules for the Nikola Tre and US Nikola Two fuel-cell applications. Under the agreements, Bosch will supply both fully assembled fuel-cell power modules as well as major components to Nikola, including the fuel-cell stack, for Nikola to assemble at its manufacturing facility in Coolidge. The parties will work together for sourcing of remaining components for the assemblies.
Nikola and Bosch have defined together a scalable and modular approach for the Nikola Tre and Two truck applications based upon use of multiple fuel-cell power modules utilizing the Bosch heavy-duty commercial vehicle fuel-cell stack. The fuel-cell power modules are expected to launch in 2023, with the first application being the Class 8 regional-haul Nikola Tre FCEV. Nikola anticipates that the overall vehicle design will result in a range of up to approximately 500 miles. Nikola plans to further expand capacity for use in the Class 8 long-haul Nikola Two FCEV with an anticipated range of up to approximately 900 miles.
The vehicles are planned to utilize common fuel-cell power modules in 200 kW and 300 kW configurations. The fuel-cell power modules and components are being designed and validated for the demands of commercial vehicle power. The Nikola Tre FCEV will also be launched in the EU, utilizing the same fuel-cell power modules supporting vehicle manufacturing planned at Nikola’s joint venture with IVECO in Ulm, Germany.
Recommend (1)Report Post
MajorOak
9 Oct '21
Posts: 784
Price: 12.5125
Hydrogen Heavy Duty Vehicle Industry Group Partners to Standardize Hydrogen Refueling, Bringing Hydrogen Closer to Wide Scale Adoption
Published October 08, 2021
Oct. 8, 2021 – Phoenix, AZ: The Hydrogen H
NEL Hydrogen - Jon Andre Lokke CEO - Congratulations to ?@nikolamotor? for securing another strong partner to develop necessary infrastructure, we look forward to support with world leading equipment ?@nelhydrogen? https://t.co/iwJfmGB9Ei
NEL working with :-
SHELL
AIR LIQUIDE
TOYOTA
NIKOLA CORP ....
Can you feel the new factory news coming, can you feel it coming ? Newsflow stepping up now and Heroya factory news now overdue.
144 ELECTROLYSERS PER DAY !!! Nobody in the world can offer this rate of collosal production. For an example Nel / Proton Power USA have produced 3700 in 10 years and are regarded as THE largest suppliers in the world !!!
Step up HEROYA & in 1 month on full production over 4000 A MONTH !!! AWSOME production rates to come.
NEL HYDROGEN "PRODUCED" the first electrode batch from our new, fully-automated production facility at Herøya and we are ready to start producing the orders to Nikola and Everfuel in the fourth quarter"
NEL HYDROGEN Q3 UP 55%
"all time high revenues of NOK 229.3 million in the third quarter of 2021, up 55% from NOK 147.7 million in the same quarter of 2020 and an EBITDA of negative NOK 113 million (Q3 2020: -42.1) incl. one-offs and ramp-up cost. 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. The order backlog ended at NOK 1 014 million, up 8% from same quarter last year. The potential pipeline of orders continues to grow, currently amounting to more than USD 6 billion and Nel reiterates the strong long-term outlook and growth prospects for the sector."