Nikola produced 43 Class 8 hydrogen fuel-cell electrical autos via the Hyla mannequin and wholesaled 40 of them inside the first quarter of 2024, all for completed purchasers. Nikola CEO Steve Girsky said the company anticipates extra product sales progress in future quarters as its Hyla hydrogen fueling choices come on-line, along with its first modular refueling station in California, and its first Canadian refueling station in Edmonton, Alberta. In response to Reuters, the Phoenix-based transport agency exceeded first-quarter provide estimates.

HDF Energy has reported €3.9 million ($4.2 million) of consolidated earnings for 2023, compared with €3.5 million in 2022. It said that it has made necessary progress on duties in Namibia, Mexico, and Indonesia, with the constructing set to start out inside the 2024-25 interval. The French hydrogen developer posted a €7.8 million web loss for the 12 months, compared with a €3.4 million loss in 2022. It attributed its poor effectivity to antagonistic monetary conditions and the rising complexity of progress.

The European Price has approved a €900 million French scheme to assist companies that put cash into biomass and renewable hydrogen. “Beneath this measure, the assistance will take the kind of direct grants, defending part of the eligible funding costs,” said the European Price. Duties must be completed and put in operation inside 36 months of the granting of help.