PowerTap (NEO: MOVE) (OTC: MOTNF) (FWB: 2K6) today provided an update on its continued efforts in California and recent participation in the California Hydrogen Leadership Summit (“CHLS”) in Sacramento, California, in early June 2022. At the event, PowerTap President Salim Rahemtulla moderated a panel entitled “Building a Hydrogen Fueling Network That Fuels the Gaps in California’s Transportation Decarbonization and Air Quality Goals.” Panelists from Nikola Corporation (NASDAQ: NKLA), Ballard (NASDAQ: BLDP), Chevron (NYSE: CVX) and Trillium (of the Love’s Family of Companies) participated. The panel discussion points clearly identified that collaboration is necessary across hydrogen industry verticals from fuel-cell electric truck and bus OEMs to hydrogen producers and fueling station developers.
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About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen Capital, through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap”), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. There are currently under 100 operational publicly available hydrogen stations in the United States with most of the existing stations purchasing hydrogen from industrial manufacturers and shipping it to individual stations via tanker trucks. PowerTap Hydrogen common shares are listed on the NEO Exchange. Please visit the company’s profile on the NEO Exchange website at https://www.neo.inc/en/live/security-activity/MOVE#!/market-depth.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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