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First Hydrogen (TSXV:FHYD) to build two hydrogen-powered commercial vans

Energy, Technology
TSXV:FHYD
25 October 2021 14:30 (EDT)

First Hydrogen (FHYD) has completed the initial design of its light commercial demonstrator vehicles for the UK market.

Together with AVL Powertrain Limited and Ballard Power Systems, First Hydrogen has begun the development of two hydrogen fuel cell-powered light commercial demonstrator vans at AVL’s facilities in the United Kingdom.

These vehicles will allow First Hydrogen to demonstrate to prospective customers the capabilities of a zero-emission hydrogen van.

By demonstrating the vans’ combined range and payload, towing capabilities, and refuelling speed, the company hopes to secure orders going forward for its bespoke design in the United Kingdom, European Union, and North American markets.

Hydrogen is a clean energy fuel, and hydrogen fuel cell-powered vehicles are more efficient than internal combustion engines, are carbon-free, and are safer than hydrocarbon fuels.

The commercial vans will use the MAN eTGE as a donor vehicle and will be equipped with the latest generation of Ballard FCgen-LCS fuel cell, giving the vehicles a range of over 500 kilometres.

First Hydrogen and its partners expect to deliver the completed vans by the third quarter of 2022.

Ballard develops and manufactures proton exchange membrane fuel cell products and provides technology solutions services.

AVL is the world’s largest independent company for development, simulation and testing in the automotive industry and in other sectors.

First Hydrogen is a Vancouver-based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems.

Shares in First Hydrogen Corp. (FHYD) are currently up 1.12 per cent, trading at $1.80 per share as of 1:40 pm ET.

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