- Ontario, Calif. station marks
a significant step in HYLA's plan to establish a hydrogen station
network for Nikola customers through HYLA and partner stations
- HYLA station is expected to support up to 40 Class 8 trucks
daily
PHOENIX, Feb. 5, 2024
/PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader
in zero-emissions transportation and energy supply and
infrastructure solutions, via the HYLA brand, proudly announces the
opening of its first HYLA hydrogen refueling station in Southern
Calif. Featuring an advanced modular fueler, the station at 2445
East Guasti Road in Ontario,
Calif., represents the latest phase in Nikola's commitment
to providing hydrogen refueling solutions for Class 8 trucks.
The Ontario station will be capable of fueling up to 40 Nikola
hydrogen fuel cell electric Class 8 trucks daily. This station is
part of a strategic plan to establish up to 60 hydrogen refueling
solutions in the coming years, with nine planned to be in place by
the close of Q2 2024.
Nikola will provide 24/7 support with on-site HYLA Ambassadors
and Operation Technicians, ensuring a seamless and efficient
fueling experience for its customers.
"We are thrilled to open the first HYLA hydrogen refueling
station in Southern Calif., marking a significant milestone for
Nikola and offering convenient access for our customers," said
President of Energy Ole Hoefelmann.
"Easing the transition to a zero-emission trucking future and
prioritizing access to a hydrogen solution network is our top
objective and we're just getting started. Once the nine planned
solutions are in place by mid-2024, Nikola will have established
one of the world's largest heavy-duty hydrogen refueling networks,
providing customers accessibility at their current locations and
along their planned routes."
Working alongside industry leaders, Nikola is securing a robust
hydrogen supply chain and refueling infrastructure to support its
growing customer base. The continued development of the refueling
ecosystem is anticipated to further facilitate the adoption of
hydrogen fuel cell electric trucks and contribute to the
decarbonization of transportation.
The HYLA refueling solutions network will offer Nikola hydrogen
fuel cell electric vehicles and other Class 8 customers flexible
refueling options, including modular and permanent HYLA stations,
customer-owned facilities, and partnerships with public truck
stops. Part of this network includes the recently announced 10-year
agreement with FirstElement Fuel for a hydrogen refueling station
in Oakland, Calif.
ABOUT NIKOLA CORPORATION:
Nikola Corporation's mission is clear: pioneering solutions for a
zero-emissions world. As an integrated truck and
energy company, Nikola is transforming commercial
transportation, with our Class 8 vehicles, including
battery-electric and hydrogen fuel cell electric trucks, and our
energy brand, HYLA, driving the advancement of the complete
hydrogen refueling ecosystem, covering supply, distribution and
dispensing.
Nikola headquarters is based in Phoenix, Arizona with a manufacturing facility
in Coolidge, Arizona.
Experience our journey to achieve your sustainability goals
at nikolamotor.com or engage with us on social media
via Facebook @nikolamotorcompany,
Instagram @nikolamotorcompany,
YouTube @nikolamotorcompany,
LinkedIn @nikolamotorcompany or
Twitter @nikolamotor.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements
within the meaning of federal securities laws with respect to
Nikola Corporation (the "Company"), including statements relating
to the benefits and capabilities of the Guasti station or the
planned HYLA fueling stations and related hydrogen
infrastructure; transitioning to zero emission trucking;
providing customers access to hydrogen; working with partners to
establish a fueling ecosystem; and the Company's beliefs regarding
its competitive position and the benefits thereof. Forward-looking
statements are predictions, projections, and other statements about
future events based on current expectations and assumptions and, as
a result, are subject to risks and uncertainties. Many factors
could cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: the ability of the Company to access sufficient capital
to meet its requirements and fund its business; manufacturing
delays and difficulties; risks related to the rollout of the
Company's hydrogen fueling infrastructure and the timing thereof;
construction risks and delays; the availability of access to
hydrogen refueling facilities; the level of and cancellation of
customer orders; risks associated with manufacturing batteries and
fuel cell power modules; variations in and characteristics of the
hydrogen fueling location, including but not limited to fueling
hardware and software protocol, fuel amount, and fueling
conditions, any of which may affect refueling times; variations in
terrain, temperature, speed, road conditions, truck configuration,
payloads and other variables which may affect range; the Company's
ability to remain listed on Nasdaq; and the factors, risks and
uncertainties described in the "Risk Factors" section of the
Company's quarterly report on Form 10-Q for the quarter ended
September 30, 2023 filed with the
SEC, in addition to the Company's subsequent filings with the SEC.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and, except as required by law, the Company assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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SOURCE Nikola Corporation