First Hydrogen Corp.
  • First Hydrogen (FHYD) is completing mileage accumulation and vehicle evaluation on its zero-emission light commercial vehicles (LCVs)
  • The data will capture the real-world capabilities of First Hydrogen’s future zero-emission vehicles, starting with its Generation II vehicle
  • Unlike conventional internal combustion engine vehicles, FCEVs do not produce any harmful tailpipe emissions
  • Hydrogen helps reduce emissions in sectors like transportation and therefore plays a key role in GHG reductions
  • First Hydrogen focuses on zero-emission vehicles, green hydrogen production and distribution and supercritical carbon dioxide extractor systems
  • First Hydrogen Corp. (FHYD) opened trading at C$3.42

First Hydrogen (FHYD) is completing mileage accumulation and vehicle evaluation on its zero-emission light commercial vehicles (LCVs).

This will optimize the efficiency of its LCVs ahead of the vehicles’ deployment with fleet customers in March 2023.

The company is conducting evaluations with powertrain specialists AVL Powertrain. It puts the vehicle through a range of real-world duty cycles, including urban, rural and highway routes. Based on the vehicle weight, battery size and powertrain energy consumption, First Hydrogen’s two LCVs have an expected range of 400-600km, depending on the route, on a single refuelling, which takes less than 5 minutes.

Data use

Data collected from the two hydrogen-fuel-cell-powered vehicles (FCEV) will allow First Hydrogen to accurately determine fuel consumption and vehicle range in different driving scenarios. It will enable the company to utilize AI to predict energy consumption, optimize fuel efficiency and identify further development areas.

The data will capture the real-world capabilities of First Hydrogen’s future zero-emission vehicles, starting with its Generation II vehicle.

The data allows comparison to simulations made for the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) testing that is part of EU law. Buyers and commercial fleet managers use the WLTP global standard to compare vehicles’ energy consumption, emissions, and, for electric vehicles, range calculations.

Tests will take place until mid-March, and data analysis will follow. The company expects initial figures by mid-March 2023. This data will support its engineers in showcasing the vehicles’ competitive Total Cost of Ownership (TCO). TCO is key information for commercial fleet managers investing in new vehicles.

The data will also allow potential customers to compare FCEVs, battery-electric vehicles and vehicles with internal combustion engines.

What is a hydrogen-fuel-cell-powered vehicle (FCEV)

FCEVs use a propulsion system similar to that of an electric vehicle. Fuel cell vehicles are powered by compressed hydrogen gas, which feeds into an onboard fuel cell “stack” that doesn’t burn the gas. It instead transforms the fuel’s chemical energy into electrical energy, which then powers the car’s electric motors.

Unlike conventional internal combustion engine vehicles, these vehicles do not produce any harmful tailpipe emissions. The only waste produced is pure water.

FCEVs can carry enough hydrogen fuel for 300-400 miles of range. Its tanks can be refilled as quickly as a standard car.

Hydrogen’s contribution to greenhouse gas reductions 

Committed to achieving net-zero emissions by 2050, Canada has taken the lead role in developing hydrogen fuel cell technologies. Canada is focusing on growing a domestic hydrogen economy, which in turn provides economic as well as environmental benefits.

Hydrogen helps reduce emissions in sectors like transportation and therefore plays a key role in GHG reductions. It is especially useful in sectors where direct electrification is not practical such as powering heavy-duty transportation and industrial heat.

Hydrogen fuel cells are cleaner and more efficient than traditional combustion-based engines and power plants. It can be produced from various resources such as natural gas, biomass, nuclear power or wind and solar power. Using hydrogen for fuel cell vehicles is found to be less damaging than producing and burning fossil fuels.

Numerous automakers are already re-strategizing and are bringing hydrogen fuel cell electric vehicles to market. First Hydrogen Corp. is one such company, focusing on zero-emission vehicles, green hydrogen production and distribution and supercritical carbon dioxide extractor systems.

The company is designing and building hydrogen-fuel-cell-powered light commercial demonstrator vehicles (LCV) under two agreements with AVL Powertrain and Ballard Power Systems Inc.

First Hydrogen Corp. (TSXV:FHYD) opened trading at C$3.42 per share.


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