Everfuel to support testing of Volvo hydrogen trucks

Herning, Denmark, 19 July 2022 – Everfuel A/S is pleased to announce a collaboration with Volvo Group whereby the company will support Volvo’s recently announced testing of fuel cell trucks by supplying green hydrogen and fuelling solutions for zero emission mobility within long-haul trucking.

The Volvo fuel cell trucks will be tested in Northern Sweden and in Spain to expose the vehicles to both extremely cold and warm operating conditions. During the testing period Everfuel will provide a moveable hydrogen station to refuel the trucks at both test locations. The test period is scheduled to start in 2023.

“The collaboration with Volvo Group is highly valuable to us and we intend to do our outmost to support the commercial launch of their fuel cell trucks. We look forward to learning more about fuelling hydrogen under extreme conditions. Volvo’s decision to develop clean hydrogen-powered trucks is an important validation of how hydrogen and batteries will complement each other in the rapid transition to a future of fossil-free mobility,” says Jacob Krogsgaard, the CEO of Everfuel.

For additional information, please contact

Lars Jakobsen, Sales Director, Everfuel, [email protected]

About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fueling solutions. We own and operate green hydrogen infrastructure and partner with vehicle OEMs to connect the entire hydrogen value chain and seamlessly provide hydrogen fuel to enterprise customers under long-term contracts. Green hydrogen is a 100% clean fuel made from renewable energy and key to electrification of the transportation sector in Europe and a sustainable future. We are a young ambitious company, headquartered in Herning, Denmark, and with activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo under EFUEL.

This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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