Hexagon Purus selected by Nikola Corporation to supply hydrogen cylinders for serial production
Hexagon Purus has signed a long-term agreement with Nikola Corporation (NASDAQ: NKLA), a global leader in zero-emissions transportation and infrastructure solutions to develop and supply its high-performance type 4 hydrogen cylinders. The scope of the agreement is over a multi-year period with an estimated sales value in excess of EUR 200 million. The project’s development phase will commence in Q2 2021. The technology is planned to be certified for distribution in European and North American markets. The long-term agreement also positions Hexagon Purus for