hydrogen News Updates

GovernmentBusinessTechnologyEquipmentFuel

Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk

The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.

February 20, 2025
BusinessTechnologyEquipmentFuelPrivate

Curtain Falls on Hydrogen Truck Maker Hyzon

Hydrogen fuel cell electric truck manufacturer Hyzon closed its doors Feb. 18, according to an executive, almost exactly four years after promising to produce 40,000 trucks in 2025.

February 19, 2025
GovernmentBusinessTechnologyFuelTCA

Port Houston Awarded $25M for Hydrogen Refilling Station

A $25 million grant given to the Port of Houston Authority will go toward the development of a hydrogen refilling station in Bayport.

January 28, 2025
BusinessTechnologyFuel

Electric Truck Maker Nikola Explores Sale as Cash Dwindles

Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling part or all of the company, according to people familiar with the matter.

January 23, 2025
GovernmentBusinessTechnologyFuel

Hydrogen Industry May Turn to Gas, Carbon Capture Under Trump

The U.S. hydrogen economy will likely rely on natural gas and carbon capture technologies rather than green energy in Donald Trump’s second term, according to BloombergNEF.

January 17, 2025
GovernmentBusinessTechnologyFuel

US to Finalize Billions in Funding for Rivian, Plug Power

The Biden administration is poised to finalize billions of dollars in financing for electric vehicle maker Rivian Automotive and hydrogen manufacturer Plug Power.

January 16, 2025
GovernmentBusinessTechnologyEquipmentFuel

Biden Eases Rules for Hydrogen Tax Credits

The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.

January 3, 2025
BusinessTechnologyEquipmentFuelTCA

Hydrogen-Powered Hyundai Trucks Hit the Road in Georgia

Hyundai announced Dec. 4 it deployed 21 of its Xcient hydrogen fuel cell electric trucks in Georgia to ferry supplies between the ports and the automaker’s newly opened $7.6 billion EV factory.

December 5, 2024
GovernmentBusinessTechnologyFuel

Kansas Hydrogen Hunt Seen Fueling New Energy Revolution

A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the likes of Bill Gates are searching below the surface for hydrogen.

November 19, 2024
BusinessTechnologyEquipmentFuel

Truck Maker Nikola Trims 135 Staff in Cost-Cutting Move

Truck maker Nikola recently reduced staffing levels as it seeks to control costs.

November 14, 2024