Hydrogen Fuel Cell Truck Company

Hydrogen has more than 80 years of industrial use as a nonirritating nontoxic and noncorrosive source of energy.

Hydrogen fuel cell truck company.

Here s plug power plug plug a leading hydrogen fuel cell company. While drivers of a nikola hydrogen. The company has created the nikola one and nikola two for north american roadways and the nikola tre for asia australia and europe. Plug plummeted 98 from march 2009 to february 2013 while the s p 500 rallied more than 120 over the same stretch.

Long haul trucking is an application where fuel cells makes sense and nikola motors is one of the companies building. The trucks are just a product to consume energy and also a product to clean up the world the story surrounding nikola s zero emission class 8 fuel cell trucks is a bit confusing because the company will build a heavy duty battery electric cabover model before it makes more aerodynamic conventional trucks that run on hydrogen. The information on nikola s website inclusive of presentations press releases earnings call transcripts reports and all other information may contain forward looking statements estimates or projections based on expectations as of the original date of those materials. Hydrogen fuel cells have been powering space shuttles since the early 1960 s.

Other truck and car companies also see hydrogen as a fuel of choice for transport. The truck was designed and integrated by cummins in columbus indiana and includes a proton exchange membrane pem fuel cell from hydrogenics a recent addition to cummins. The truck was designed for a 90 kw fuel cell and is scalable in 30 kw or 45 kw increments up to 180 kw andalso has a 100 kwh lithium ion battery capacity. Nasa has funded more than 200 research contracts exploring fuel cell technology bringing it to a level now viable for the private sector.

If all goes well by 2022 the company will be making 8 tons of green hydrogen daily from renewable electricity at each fuel station enough to keep 250 trucks running. Transportation is another high potential market for hydrogen and fuel cells. With nikola s profit added in that comes out to a cost for the customer of 268 782.