- West Sacramento station marks HYLA's first modular refueling
station in Northern
California
- A significant step in HYLA's plan to connect current HYLA
stations to northern central California
- This new HYLA station will be commercially operational in
January 2025
PHOENIX , Dec. 18,
2024 /PRNewswire/ -- Nikola Corporation (Nasdaq:
NKLA), a global leader in zero-emissions transportation and energy
supply and infrastructure solutions, via the HYLA brand, proudly
announces the securing of a new HYLA station located in
West Sacramento, CA. Featuring a
compact high-pressure hydrogen refueler, the station at 917
Stillwater Rd in West Sacramento,
California, represents the latest phase in Nikola's
commitment to provide hydrogen refueling solutions for Class 8
trucks. This new station will increase Nikola's hydrogen presence
in Northern California.
Phase one of the West Sacramento station will be capable of
fueling up to 20 Nikola hydrogen fuel cell electric Class 8 trucks
daily. HYLA will provide continuous site support, ensuring a
seamless and efficient fueling experience for its customers.
"We are thrilled to open our first HYLA hydrogen refueling
station in Northern California.
West Sacramento marks a
significant milestone for Nikola and offers convenient access for
our fleet customers based in West
Sacramento and its surrounding areas," said President of
Energy Ole Hoefelmann. "Reaching a
zero-emission future just became one step closer as we continue our
planned rollout to strengthen the north-south I-5 freight corridor
and expand coverage areas from the Port of Oakland."
Working alongside state and local jurisdictions, HYLA is
securing a robust hydrogen supply chain and refueling
infrastructure to support its growing fleet customer base. Nikola's
expansion of its HYLA fueling network into West Sacramento will further accelerate the
adoption of hydrogen fuel electric trucks across California, helping to further zero-emissions
transportation efforts across the United
States.
California State Senator Christopher
Cabaldon stated, "California's hydrogen future first launched in
West Sacramento with the global
Fuel Cell Partnership, so it is exciting to welcome Nikola's new
HYLA station to the city at the core of the region and national
logistics network. Hydrogen offers rapid refueling and long working
range at load, which is ideal for trucking. This new hydrogen
fueling station will help accelerate adoption of zero-emission
trucks in California, right here
in the state capital region."
The HYLA refueling solutions network will offer Nikola hydrogen
fuel cell electric vehicles and other Class 8 customers flexible
refueling options, including modular and permanent HYLA stations,
customer-owned facilities, and partnerships with public truck
stops.
ABOUT NIKOLA CORPORATION:
Nikola Corporation's mission is clear: pioneering solutions for a
zero-emissions world. As an integrated truck and
energy company, Nikola is transforming commercial
transportation, with our Class 8 vehicles, including
battery-electric and hydrogen fuel cell electric trucks, and our
energy brand, HYLA, driving the advancement of the complete
hydrogen refueling ecosystem, covering supply, distribution and
dispensing.
Nikola headquarters is based in Phoenix, Arizona with a manufacturing facility
in Coolidge, Arizona.
Experience our journey to achieve your sustainability goals
at nikolamotor.com or engage with us on social media
via Facebook @nikolamotorcompany,
Instagram @nikolamotorcompany,
YouTube @nikolamotorcompany,
LinkedIn @nikolamotorcompany or
Twitter @nikolamotor.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements
within the meaning of federal securities laws with respect to
Nikola Corporation (the "Company"), including statements relating
to the benefits and capabilities of the Guasti station or the
planned HYLA fueling stations and related hydrogen
infrastructure; transitioning to zero emission trucking;
providing customers access to hydrogen; working with partners to
establish a fueling ecosystem; and the Company's beliefs regarding
its competitive position and the benefits thereof. Forward-looking
statements are predictions, projections, and other statements about
future events based on current expectations and assumptions and, as
a result, are subject to risks and uncertainties. Many factors
could cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: the ability of the Company to access sufficient capital
to meet its requirements and fund its business; manufacturing
delays and difficulties; risks related to the rollout of the
Company's hydrogen fueling infrastructure and the timing thereof;
construction risks and delays; the availability of access to
hydrogen refueling facilities; the level of and cancellation of
customer orders; risks associated with manufacturing batteries and
fuel cell power modules; variations in and characteristics of the
hydrogen fueling location, including but not limited to fueling
hardware and software protocol, fuel amount, and fueling
conditions, any of which may affect refueling times; variations in
terrain, temperature, speed, road conditions, truck configuration,
payloads and other variables which may affect range; the Company's
ability to remain listed on Nasdaq; and the factors, risks and
uncertainties described in the "Risk Factors" section of the
Company's quarterly report on Form 10-Q for the quarter ended
September 30, 2023 filed with the
SEC, in addition to the Company's subsequent filings with the SEC.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and, except as required by law, the Company assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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SOURCE Nikola Corporation