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, lj@everfuel.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.

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.