Danish green hydrogen player Everfuel has revealed it will decommission its “unprofitable” legacy hydrogen refuelling stations for cars as it refocuses on green hydrogen production.
The company in its Q2 2023 financial results said it would prioritise the development of green hydrogen production capacity and reduce refuelling network investments by high grading its hydrogen station portfolio.
Despite highlighting success and progress with its HySynergy production project in Frederica, Denmark, Everfuel founder and CEO, Jacob Krogsgaard, said, “The mobility market is set to remain sub-scale for some time.”
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