Electrolyser maker Nel to spin off loss-making hydrogen-fuelling division into separate company

The new business will be called Cavendish Hydrogen, in tribute to the English scientist who discovered H2

Robert Borin, Nel's current senior vice-president of fuelling, is to become CEO of Cavendish Hydrogen.
Robert Borin, Nel's current senior vice-president of fuelling, is to become CEO of Cavendish Hydrogen.Photo: Nel
Published 15 May 2024, 11:30Updated 15 May 2024, 11:30