Herning, Denmark, 19 May 2021 - Everfuel A/S is pleased to announce a
cooperation agreement with Cabonline, the largest taxi operator in the Nordic
region, for developing the market for taxis fueled by green hydrogen for zero
emission mobility.  The parties have entered into a collaboration with Toyota
Norge for the supply of initially up to 100 Toyota Mirai hydrogen taxis to the
Oslo-region.

Cabonline will provide its taxi license holders with incentives to use hydrogen
fuel cell vehicles and the license holders who take part in this roll-out will
benefit from discounted prices for hydrogen fuel at Everfuel's stations.
Everfuel and Cabonline, has as a part of the project, engaged with Toyota, which
will offer the new hydrogen fueled Toyota Mirai to taxi license holders,
initially in Oslo and then in the larger Norwegian cities as Everfuel's hydrogen
station network is established.

Cabonline's ambition is to introduce several hundred hydrogen taxis throughout
the Nordic region in the coming years. Toyota, one of the world's largest
mobility groups and a leader within fuel-cell and hydrogen cars production, has
started preparations for rolling-out the initial up to 100 Toyota Mirai in Oslo
by the end of 2022 and then planning to further increase the number of Mirai
taxis together with Everfuel and Cabonline's Norwegian unit Norgestaxi. Everfuel
and Cabonline plans to leverage the same cooperation model to expand into the
larger cities in the Nordic countries.

"Long-term partnerships are a key enabler for scaling green hydrogen as the
clean fuel of choice for transport. This cooperation between Cabonline, Toyota
and Everfuel is a great example of how connecting the entire hydrogen value
chain from safe production, distribution and fueling with vehicle providers and
end-users enables roll-out of solutions for commercializing green hydrogen fuel
and decarbonizing transport at scale," says Jacob Krogsgaard, CEO and founder of
Everfuel.

"We have a clear ambition of delivering the first 100 cars to the taxi market in
Oslo by the end of 2022 within the framework of this collaboration. For Toyota,
this is part of an international strategy to build the hydrogen market," says
Espen Olsen, General Manager PR at Toyota Norway.

"Hydrogen taxis have the advantage of being zero-emission at the same time as
the fuel tank can be filled in three minutes. This has been demonstrated with
great success in Paris and I believe that through this collaboration, we will
make hydrogen technology available and competitive. The City of Oslo wants 20%
of a total of approximately 2,500 taxis in Oslo to use hydrogen. We will be able
to deliver on that if Enova can contribute by providing the necessary support to
the taxi owners who are first to lead the way," says Dag Kibsgaard-Petersen, CEO
of Cabonline Group and managing director of Norgestaxi.

Please see the attached press release in Norwegian for more information.

For additional information, please contact

Everfuel A/S: Jacob Krogsgaard, CEO, +45 2871 8945, jk@everfuel.com

Cabonline Group AB: Dag Kibsgaard-Petersen, CEO, +47 400 11 981,
dkp@cabonline.com

Toyota Norge AS: Espen Olsen, General Manager PR, +47 952 26010,
Espen.olsen@toyota.no



About Cabonline

Cabonline is the leading taxi company in the Nordic region with 2,500 connected
transporters and approximately 4,400 vehicles in Sweden, Norway, Finland and
Denmark. Cabonline contains a series of well-known brands, such as Flygtaxi,
TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi,
Sverigetaxi and Taxi 4x27. Through Cabonline, transporters have access to
attractive customer agreements, support from industry- leading technological
development and utilization of economies of scale, efficient service and a
shared infrastructure. The Group revenue 2020 was approximately 4.2 billion. For
further information: www.cabonlinegroup.com

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.