Record High PEM Order Intake
In Q1 2025, Nel experienced a record high order intake for PEM solutions, the highest they've ever booked, driven by containerized solutions.
Collaboration with Samsung E&A
Nel signed a collaboration agreement with Samsung E&A, which also became their largest shareholder with a 9.1% stake after a NOK 353 million private placement.
Successful Cost Reduction Measures
Implemented cost reductions and capacity adjustments, including a temporary halt of the Herya facility, expected to reduce the cost base over 2025.
Development of Next-Generation Technologies
Continued investment in R&D for next-generation alkaline and PEM technologies, including a promising pressurized alkaline prototype development.
Healthy Cash Reserves
Nel maintains more than NOK 2 billion in cash reserves, providing a strong financial position to weather market challenges.
Significant Partnerships
Partnerships with industry leaders like Samsung E&A, General Motors, and Reliance underline Nel's strong market position and technological reliability.