Nikola and fortescue future industries commit to creating american green energy jobs with acquisition of nikola's phoenix hydrogen hub

Fortescue future industries to acquire nikola's phoenix hydrogen hub project for the purpose of constructing an electrolysis-based hydrogen production facility nikola and fortescue future industries are working towards a hydrogen supply agreement to support nikola's hydrogen fuel cell electric trucks phoenix , july 19, 2023 /prnewswire/ -- nikola corporation (nasdaq: nkla), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the hyla brand, and fortescue future industries (ffi), a global green energy and metals company committed to leading the world in stepping beyond fossil fuels by developing green electrons, green hydrogen and green technology at scale, today announced ffi will acquire nikola's phoenix hydrogen hub (phh) project. ffi will bring the capital and resources required to fully develop the project and the parties are working towards a hydrogen supply agreement to support nikola's class 8 zero-emission trucks.
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