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<blockquote data-quote="Weather Man" data-source="post: 16607007" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3681639-nikola-inks-hydrogen-infrastructure-deal-for-germany" target="_blank">Nikola inks hydrogen infrastructure deal for Germany</a></p><ul> <li data-xf-list-type="ul">Nikola (NASDAQ:<a href="https://seekingalpha.com/symbol/NKLA" target="_blank">NKLA</a>) signs a letter of intent with IVECO and OGE to establish a business structure for transporting hydrogen via pipeline network from production sources to hydrogen fueling stations in support of fuel-cell electric vehicles.</li> <li data-xf-list-type="ul">IVECO is a brand of CNH Industrial N.V. and is called a pioneer in the commercialization and manufacture of vehicles powered by alternative fuels. OGE is an owner and operator of a 12K km natural gas pipeline infrastructure network in Germany.</li> <li data-xf-list-type="ul">The company says the collaboration is being launched with the intent to further define and formalize the roles and responsibilities of the parties and the required collaboration governance to enable execution of objectives to be stated in definitive agreements.</li> <li data-xf-list-type="ul">The primary focus of the collaboration is to further develop hydrogen fueling solutions in Germany in support of the European commercial transportation system and to work with industry partners to install safe, reliable and cost-effective storage and fueling locations for FCEVs.</li> <li data-xf-list-type="ul">"We believe this collaboration, in particular, presents a very compelling long-term fueling distribution solution that we expect to advance industry and overall market adoption of FCEV technologies," says Nikola President of Energy and Commercial Pablo Koziner.</li> <li data-xf-list-type="ul">Source: <a href="https://seekingalpha.com/pr/18270495-nikola-iveco-and-oge-announce-intent-to-accelerate-deployment-of-hydrogen-infrastructure-and" target="_blank">Press Release</a></li> <li data-xf-list-type="ul">Shares of Nikola are up 3.49% premarket to $12.47.</li> <li data-xf-list-type="ul">Nikola still has plenty of detractors. Seeking Alpha author Winds Research, for one, <a href="https://seekingalpha.com/article/4406658-nikola-how-hydrogen-story-crumbles" target="_blank">warns on a hydrogen bubble</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16607007, member: 137766"] [URL='https://seekingalpha.com/news/3681639-nikola-inks-hydrogen-infrastructure-deal-for-germany']Nikola inks hydrogen infrastructure deal for Germany[/URL] [LIST] [*]Nikola (NASDAQ:[URL='https://seekingalpha.com/symbol/NKLA']NKLA[/URL]) signs a letter of intent with IVECO and OGE to establish a business structure for transporting hydrogen via pipeline network from production sources to hydrogen fueling stations in support of fuel-cell electric vehicles. [*]IVECO is a brand of CNH Industrial N.V. and is called a pioneer in the commercialization and manufacture of vehicles powered by alternative fuels. OGE is an owner and operator of a 12K km natural gas pipeline infrastructure network in Germany. [*]The company says the collaboration is being launched with the intent to further define and formalize the roles and responsibilities of the parties and the required collaboration governance to enable execution of objectives to be stated in definitive agreements. [*]The primary focus of the collaboration is to further develop hydrogen fueling solutions in Germany in support of the European commercial transportation system and to work with industry partners to install safe, reliable and cost-effective storage and fueling locations for FCEVs. [*]"We believe this collaboration, in particular, presents a very compelling long-term fueling distribution solution that we expect to advance industry and overall market adoption of FCEV technologies," says Nikola President of Energy and Commercial Pablo Koziner. [*]Source: [URL='https://seekingalpha.com/pr/18270495-nikola-iveco-and-oge-announce-intent-to-accelerate-deployment-of-hydrogen-infrastructure-and']Press Release[/URL] [*]Shares of Nikola are up 3.49% premarket to $12.47. [*]Nikola still has plenty of detractors. Seeking Alpha author Winds Research, for one, [URL='https://seekingalpha.com/article/4406658-nikola-how-hydrogen-story-crumbles']warns on a hydrogen bubble[/URL]. [/LIST] [/QUOTE]
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