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Nel ASA

M&A Activity Feb 25, 2019

3670_rns_2019-02-25_3bb08165-a6bc-4ebb-bd6d-ca458787ee1a.html

M&A Activity

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Press release: Nel signs MoU together with industry group to develop and test hydrogen fueling hardware for heavy duty vehicles

Press release: Nel signs MoU together with industry group to develop and test hydrogen fueling hardware for heavy duty vehicles

Nel has together with Air Liquide, Hyundai, Nikola Motor, Shell and

Toyota signed a Memorandum of Understanding (MOU) for hydrogen fueling

components, for the purpose of testing state of the art heavy duty (HD) hydrogen

fueling hardware to assist in standardization and speed to market for fuel cell

electric trucks.

This cross-industry group of both vehicle and infrastructure companies has

signed an MOU with the purpose to test pre-commercial 70MPa hydrogen heavy duty

vehicle high flow (H70HF) fueling hardware for future Class 8 (40 Ton) trucks.

The industry group has created specifications for the fueling nozzle, vehicle

receptacle, dispenser hose and breakaway device components for this HD

application for the purpose of developing Request for Proposals to suppliers.

This industry group is requesting notification of suppliers' intent to

participate in a pre-commercial development and test program designed

specifically for this fueling hardware. The fueling hardware samples will

undergo performance tests in accordance with the appropriate SAE/ISO/CSA

industry standards along with additional aspects for this emerging market.

"Heavy Duty Fuel Cell Trucks offer the same range as their conventional Diesel

counterparts and fueling hardware is being developed to fill in 10 minutes. Key

members of the industry have joined forces to evaluate HD Fueling Hardware to

make this a reality. The goal is to enable interoperability so that any HD FCEVs

can fuel at our hydrogen stations and we can fill at any of theirs, just like

diesel today. This is a big first step," said Jesse Schneider, executive vice

president, Nikola Motor, Hydrogen & Fuel Cell Technologies.

"Hydrogen as fuel for the Heavy Duty transport sector is showing great promise

and traction, and we are now in the process of developing the next generation,

high capacity stations for this segment. In order to enable commercial success

for this segment, standardization of fueling hardware is a key" says Jørn

Rosenlund, SVP of Nel Hydrogen Fueling.

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 9074 4949

About Nel Hydrogen | www.nelhydrogen.com

Nel Hydrogen is a global, dedicated hydrogen company, delivering optimal

solutions to produce, store and distribute hydrogen from renewable energy. We

serve industries, energy and gas companies with leading hydrogen technology.

Since its origins in 1927, Nel has a proud history of development and continual

improvement of hydrogen plants. Our hydrogen solutions cover the entire value

chain from hydrogen production technologies to manufacturing of hydrogen fueling

stations, providing all fuel cell electric vehicles with the same fast fueling

and long range as conventional vehicles today.

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