Fortescue future industries (ffi) and nikola to collaborate and invest in the co-development of large-scale u.s. green hydrogen production projects

Phoenix , jan. 24, 2023 /prnewswire/ -- nikola corporation (nasdaq: nkla), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, and fortescue future industries (ffi) have executed a memorandum of understanding (mou) to collaborate on and evaluate the co-development of large-scale u.s. green hydrogen production facilities. supply of green hydrogen for any potential projects will be underpinned by nikola as a potential offtaker, which has a large demand for green hydrogen in order to decarbonize the transportation sector and other industries.
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