Chart Industries, Nikola execute strategic partnership

Chart Industries (GTLS) and Nikola Corporation (NKLA) executed a strategic collaboration agreement including liquid hydrogen storage tanks, transport trailers, and the development of new mobile and modular hydrogen refueling stations for quick deployment. This agreement includes additional collaboration on the advancement of hydrogen technology for infrastructure and truck on-board fuel systems. This relationship builds on a previously signed development agreement between Chart and Nikola to work together to develop innovative solutions for the hydrogen electric vehicle market. Through this agreement, Chart is providing fully integrated mobile and modular hydrogen fueling stations for heavy-duty vehicles providing a quickly deployable fueling solution with lower capital requirements. "Nikola is on a mission to transform the transportation industry and by aligning with forward-looking companies such as Chart, we are confident this ambitious goal will be achieved," said Michael Lohscheller, President and CEO, Nikola Corporation. "We know our customers are interested in transitioning to hydrogen quickly and seamlessly. Solutions like Chart’s hydrogen transport trailers will play an important part in jump starting a hydrogen ecosystem."