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Nikola and Voltera partner on H2 station infrastructure funding for up to 50 stations

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and Voltera, a leading provider of critical infrastructure necessary to support the full decarbonization of transportation, announced a definitive agreement to develop the H2 fueling infrastructure required to support Nikola’s deployment of its innovative zero-emissions vehicles. Through this strategic partnership agreement, Nikola and Voltera plan to develop up to 50 HYLA stations throughout North America over the next five years. This partnership underpins Nikola’s prior announced plans to develop 60 stations by 2026.

Through this partnership, Nikola and Voltera will create the largest North American open-network of commercial H2 refueling stations, providing fuel to vehicles from various manufacturers to accelerate the adoption of zero-emission vehicles. Voltera will site, build, own, and operate the strategically located, fit-for-purpose H2 refueling stations, and Nikola will supply the H2 fuel and provide technical expertise. This partnership will accelerate the deployment of the several billion dollars Voltera plans to invest into EV charging and H2 fueling facilities. Together, Nikola and Voltera will develop a reliable and optimal refueling experience.

“Our partnership with Voltera will bring substantial capital and expertise to support Nikola’s plans to build refueling infrastructure to support its customers,” said Carey Mendes, President, Nikola Energy. “Voltera’s expertise in building out zero-emission energy infrastructure will be a key enabler for Nikola’s first-to-market H2 fuel cell electric trucks and fueling infrastructure. Nikola and Voltera have a shared commitment to the rapid deployment of infrastructure which is key to enabling the transition to a zero-emission economy.”

“Voltera’s mission is to accelerate the adoption of zero-emission vehicles, by taking on the complex and costly nature of developing the necessary infrastructure,” said Matt Horton, CEO of Voltera. “By partnering with Nikola, we are expanding our focus beyond battery-electric vehicle charging in order to dramatically increase H2 fueling infrastructure, reduce barriers for operators buying vehicles at scale to enable mass adoption of H2 trucks.”