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Nikola Motors – competition is good for business

Nikola Motors – competition is good for business

by | Jul 21, 2021 | Europe, Germany, North America, worldwide

It seems like Nikola Motors [Nasdaq: NKLA] was able to stop the bleeding of the past few months. The stock is rising again. Up to 30 million shares are now traded each day, a comparatively high volume for the company. The new-found optimism among investors seems to stem from reports about Nikola’s recent progress in meeting its targets. Construction of the Arizona factory is well underway. Then there are new production facilities being built in Ulm, Germany. And another boost for the stock came when competitor Daimler Truck announced its intention to have 5,000 hydrogen-fueled heavy-duty vehicles on the road over the next few years, with business partner Shell providing the fueling infrastructure. Sounds a lot like Nikola’s business model, the difference being that Nikola will produce its own hydrogen, and be able to keep the revenue, instead of outsourcing the task to another company.

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Number of HyStarter applications now at 65

Number of HyStarter applications now at 65

by | Jul 21, 2021 | Germany

HyStarter

HyStarter remains as popular as ever. Like the competition’s first round, the second attracted the interest of much more organizations than the German transportation ministry was able to fund. By May 14, the ministry’s NOW office had received 65 applications for funding local hydrogen economies as part of the HyLand program. Few of the organizations had already applied the first time around.

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Nikola Motors – competition is good for business

A guide to hydrogen innovations

by | Jul 21, 2021 | Germany

Where have we made considerable progress in developing hydrogen technology? In what market are there still hurdles to overcome? Where do we still need to remove roadblocks to innovation? Answering questions like these is the task of Hydrogen Compass, a two-year project launched by the German education and economy ministries and funded with EUR 4.2 million.

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Next Energy as New DLR Location

by | Sep 1, 2017 | Germany

The Next Energy research center has gone through uncertain times recently. Last November, the German government did make EUR 7 million per year available to fund the organization, but those millions would only be paid if Next were incorporated into the DLR, the German Aerospace Center. Its integration into the government’s main research organization on aerospace and energy technology, transportation and safety in basic and applied research is intended to save 120 jobs in Oldenburg, Germany (more…)

German Government Launches FC Subsidy Program

German Government Launches FC Subsidy Program

by | Nov 1, 2016 | Germany

fc-heating

Financial support elates consumers, © SOLIDpower

On Aug. 1, 2016, the heating industry got the certainty they wanted with regard to the future policy framework for state-of-the-art fuel cell heating systems: The German Federal Ministry for Economic Affairs and Energy (BMWi) announced two new subsidy programs, one providing an investment grant for fuel cell heating systems and one for optimizing heating technology by replacing old pumps. Both financial measures are part of the Incentive Program Energy Efficiency (APEE) (more…)