Nikola Corporation (Nasdaq: NKLA), a Phoenix, AZ-based global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, raised an additional $16.3m in additional grants and government funding awards.
The funding has been awarded to the company to support seven open-network hydrogen refueling stations.
Nikola has now received $58.2 million in awards granted to support seven hydrogen refueling stations, which includes the recently announced $41.9 million Trade Corridor Enhancement Program (TCEP) grant award, collectively representing six hydrogen refueling stations located along Calif. freight corridors within the South Coast Air Quality Management District (AQMD), San Diego County Air Pollution Control District, and Mojave Desert AQMD.
The recent awards include:
- EnergIIZE West Sacramento California Energy Commission: $3.3m (conditionally awarded pending final approval)
- Mobile Source Air Pollution Reduction Review Committee: $1.6m
- SacMetro AQMD: $7m
- South Coast AQMD: $4.4m
The additional awards build on the strategic partnership with Voltera to develop up to 50 HYLA stations throughout North America over the next five years.
Led by Carey Mendes, president, Nikola Corporation is a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, via the HYLA brand.
FinSMEs
01/08/2023