PriceSensitive

First Hydrogen (TSXV:FHYD) expands its design of zero-emission vehicles

Consumer, Market News
TSXV:FHYD
19 December 2022 14:15 (EDT)

First Hydrogen (FHYD) has selected EDAG Group as its design styling partner for its next generation of hydrogen fuel cell vehicles (FCEV).

EDAG is a global mobility engineer with experience in commercial vehicle development. It will support First Hydrogen’s goal to make zero-emission vehicles accessible to fleet managers. EDAG Group will create impactful design style and engineering concepts for First Hydrogen’s first FCEVs.

First Hydrogen’s next generation of vans will be the company’s first vehicle to enter the mass market. These vehicles will be aerodynamic, durable, progressive, and highly functional for the driver suiting the vehicle’s duty cycle.

The company will offer a complete solution to zero emissions mobility through its innovative Hydrogen-as-a-Service. It will help fleet managers transition away from fossil fuels by providing light commercial vehicles, a guaranteed supply of renewably sourced green hydrogen fuel and refuelling technology alongside other supporting services.

Steve Gill, CEO of Automotive for First Hydrogen Ltd, commented on the news.

“This is an incredibly important partnership. We were compelled by EDAG’s innovative approach to developing our next-generation vehicles. As our chosen design partner, EDAG appreciates the benefits hydrogen fuel brings to the LCV class in terms of range, payload, ease of refuelling and ease of use. All these aspects will inform the vehicle’s look and overall design features.”

First Hydrogen designs and manufactures zero-emission, long-range hydrogen-powered utility vehicles.

First Hydrogen Corp. (FHYD) is down 3.81 per cent, trading at C$4.80 per share at 2:02 pm ET.


Related News