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2021-06-24

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Nikola rallies after disclosing hydrogen project investment

Nikola is up 5.43% in early trading to lead the electric vehicle manufacturing sector of 24 different names.Earlier in the day, the company disclosed a$50Minvestment in a clean hydrogen project in Indiana.Nikola says the investment is anticipated to give it a "significant hydrogen hub" with the ability to offtake approximately 50 tons a day. The hub is targeted to supply future dispensing stations within an approximate 300-mile radius.Nikola has a bit of a history of moving higher off hydrogen u

Nikola rallies after disclosing hydrogen project investment

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