Hexagon Purus has signed a new agreement with Nikola Corporation, a leader in zero-emission transportation and infrastructure solutions, to develop and supply its high-performance type four hydrogen cylinders for serial production.
With the project’s development phase set to commence in Q2 of 2021, the technology is expected to be certified for distribution in both European and North American markets.
The scope of the long-term agreement between the two companies is over a multi-year period with an estimated sales value in the excess of €200m ($242m).
In addition to this, the agreement also positions Hexagon Purus for potential further hydrogen related projects within a range of trucks and other vehicle applications with Nikola.
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