Plug Power Inc (PLUG)

[WeTheMarket]

Chris, not directly related to Plug Power, but I think you and others on the board might be interested in the following free webinar today at 10 am.

Nicola Motors to present at Mission Hydrogen (World's largest hydrogen community online) today at 10 am ET. In this free webinar, Nikola Global Chief Engineer Christian Appel will give you an overview of their fuel cell truck, share technical details, outline their hydrogen strategy and answer your questions. Register at the following link: https://klick.mission-hydrogen.de/info/1v186zzt4cwz1ebmlfzz1zzqz3

A key question is: how are we going to decarbonize heavy-duty mobility? Trucks, busses, coaches, mining vehicles, construction vehicles, harvesters, tractors… Some people believe it can be done with batteries. Some people believe batteries are not the right solution for various reasons – and that fuel cells and hydrogen are the best way to power them.

I think it’s fair to say that nobody really knows. So it’s probably a good idea to develop both technologies to make sure we can cover all scenarios.

One company that is developing both technologies in parallel is Nikola Motors. Nikola was founded in 2014 and went public in 2020. In June 2020, Nikola was valued more than USD 30 billion when a so-called short seller published a report that “hydrogen vehicles are more difficult than Nikola had told the public” (to put it in a hopefully politically correct way).

In the meantime, Nikola has changed a lot both on the management and the communications side, introduced a battery electric truck into the market and developed a fuel cell electric truck called the “Tre” together with its partner Iveco.

In a free webinar, Nikola Global Chief Engineer Christian Appel will give you an overview of their fuel cell truck, share technical details, outline their hydrogen strategy and answer your questions.

You will learn:
What does the Nikola Tre look like both on the outside and “under the hood”?
What are the technical specifications of the Nikola Tre?
What hydrogen storage technology does Nikola use? What are their plans for the future?
What are the results from testing the vehicles with customers including Anheuser-Busch and Walmart?
When will the vehicle be available on the market? Where will it be available?
What are the priorities from Nikola’s perspective?