We want to start by thanking you for your patience and support. This is an intense period for us as we work hard to stabilize our operations and create better conditions for the future. Here’s an update on the current situation:
The station in Høvik is now certified, and both fueling lines are operational. Encouragingly, we are seeing a significant increase in the number of vehicles refueling, which is a clear sign that more people believe in hydrogen as a fuel. At the same time, the operational disruptions we experienced this fall have highlighted the challenges of long lead times and hard-to-source components in the station’s advanced technology. We are doing our best to maintain stable operations and address any issues as quickly as possible.
Regarding our financial situation, we are pleased to inform you that we have extended our loan from Bizcap until the summer. We are also working intensively to secure long-term financing and hope to provide an update soon.
We have applied for additional grants through the Climate Leap, administered by the Swedish Environmental Protection Agency, for two hydrogen production facilities. Producing our own hydrogen would significantly lower costs and strengthen our ability to operate sustainably in the long term.
Our stations at Arlanda and in Sandviken continue to operate well. Our projects in Västerås and Jönköping remain on hold with the approval of the Swedish Energy Agency, pending a decision on continued funding. At the same time, we are moving forward with plans for our new station in Örnsköldsvik, where we aim to begin construction later this year.
Again, thank you for your support – we look forward to sharing more updates with you soon.
