April 26, 2024 12:50 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Nikola to sell trucks, buy hydrogen production system

By Jeff Gifford | Phoenix Business Journal

Zero-emissions vehicle maker Nikola Corp. is taking another step toward establishing a hydrogen hub in Arizona by signing an agreement with Plug Power, another public company dedicated to expanding hydrogen energy. 

Under the deal, Phoenix-based Nikola (Nasdaq: NKLA) will sell up to 75 of its Tre hydrogen fuel-cell electric vehicles over the next three years to Plug Power (Nasdaq: PLUG). In turn, Nikola will purchase a liquefaction system from Plug Power that will initially be capable of processing 30 metric-tons of hydrogen fuel per day. 

Read the full subscription story from the Phoenix Business Journal.

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

December 2022
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.