Class 6 Fuel Cell Electric Truck powered by Hexagon Purus and Ballard launched at ACT Expo - continuing the drive toward zero-emission commercial transport
Hexagon Purus and Ballard Power Systems are proud to announce a new collaboration to produce Class 6 & 7Fuel Cell Electric Trucks powered by Hexagon Purus’ turnkey electric drivetrain and hydrogen storage system solutions and Ballard’s fuel cell module.
This revolutionary truck will provide a range of over 400 miles and refueling times comparable to conventional trucks. It is a zero-emission solution for fleet owners with demanding operations, moving goods through the ‘middle miles,’ without the need to expand their fleet.
Ballard’s 8th generation of the fuel cell module, the FCmove™, provides a zero-emissions electric power source, with the reliability of over four decades of technology development and over 50 million miles of on-the-road experience.
Hexagon Purus’ lightweight type 4 hydrogen storage systems, high energy density ProPack battery storage, and fully integrated electrified accessory systems deliver light, efficient and long range zero-emissions power for electrified commercial vehicles.
Look for this truck to enter California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Program (HVIP) eligible vehicle list in 2022. First fleet deployments will be in and around the Los Angeles Basin area - a market with some of the nation’s most stringent air quality regulations. California leads the US in supporting the deployment of hydrogen fuel cell technology, including development of a statewide hydrogen fueling infrastructure to service fuel cell vehicles.
Both Hexagon Purus and Ballard have provided hydrogen solutions and equipment to industry for decades. This collaboration of two industry veterans is expected to enable accelerated adoption of hydrogen and fuel cells in heavy-duty transport applications.
Driving energy transformation
“Our goal is to drive energy transformation through zero emission mobility solutions. We look forward to leveraging our extensive experience in lightweight, reliable and safe hydrogen storage and battery electric drivetrain systems, and together with Ballard, pave the way to zero emission commercial transport,” says Todd Sloan, EVP, Hexagon Purus.
“Fuel cell and hydrogen technologies will enable the decarbonization of the heavy-duty transportation sector with long range and quick vehicle refueling, without compromising on payload. Our partnership with Hexagon Purus will deliver a high performance zero emission class 6-7 truck with the integration of state-of-the-art fuel cell engine, hydrogen storage and electric drivetrain” Nicolas Pocard, Vice-President Marketing & Strategic Partnership
About the market
Heavy-duty trucks are typically used for highway transportation; therefore, they are required to have sufficient cruising range and load capacity as well as fast refueling capability. For this reason, fuel cell vehicles that run on hydrogen with its higher energy density are considered effective.
Hydrogen fuel cells are a no-combustion technology that require a constant source of fuel and oxygen to create electricity. They emit only water. Hydrogen tanks on a fuel cell electric car or truck can be refilled in about the same amount of time as liquid fuel tanks, eliminating the lengthy recharging times required by battery-dependent electric vehicles. Hydrogen is available today from a variety of carbon-free and low carbon sources, providing low or even negative total carbon emissions from transport fleets, and zero smog-forming pollutants.
Timing
First prototype of the hydrogen truck will be delivered in the 2nd quarter 2022.
For more information, please contact:
Hexagon Purus:
Todd Sloan, President, Hexagon Purus Systems
Telephone: +1 250-470-8232 | todd.sloan@hexagongroup.com
Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
Ballard Power Systems:
Tim Sasseen, Market Development Manager, US, Ballard Power Systems
Telephone +1 805 705 0716 | tim.sasseen@ballard.com
Kate Charlton, P.Eng. | VP Investor Relations | Ballard Power Systems
Cell +1 360 903 6627| Office +1 604 453 3939 | kate.charlton@ballard.com
About Hexagon Purus ASA:
Hexagon Purus, a Hexagon Composites company, is a world leading provider of hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems integration for fuel cell electric and battery electric vehicles. Hexagon Purus enables zero emission solutions for light, medium and heavy-duty vehicles, buses, ground storage, distribution, maritime, rail and aerospace applications.
Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and LinkedIn
About Ballard Power Systems
Ballard Power Systems’ (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks. To learn more about Ballard, please visit www.ballard.com.
Important Cautions Regarding Forward-Looking Statements
This release contains forward-looking statements concerning the development and delivery of fuel cell products, and the benefits and anticipated market adoption of them. These forward-looking statements reflect Ballard’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such statements are based on Ballard’s assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand. For a detailed discussion of the factors and assumptions that these statements are based upon, and factors that could cause our actual results or outcomes to differ materially, please refer to Ballard’s most recent management discussion & analysis. Other risks and uncertainties that may cause Ballard’s actual results to be materially different include general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard’s future performance, please refer to Ballard’s most recent Annual Information Form. These forward-looking statements are provided to enable external stakeholders to understand Ballard’s expectations as at the date of this release and may not be appropriate for other purposes. Readers should not place undue reliance on these statements and Ballard assumes no obligation to update or release any revisions to them, other than as required under applicable legislation.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire
GlobeNewswireGlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Exterro Adds e-Discovery Industry Veteran Clay Cocalis to Spearhead Rapidly Growing Business Unit Responsible for Document Review22.9.2021 14:00:00 CEST | Press release
Latest Version of Revamped Exterro Review Platform Optimized for Entire Legal Ecosystem Including use by Legal Service Providers, and Law Firms and Corporate Legal Departments PORTLAND, Ore., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Exterro Inc. – the preferred provider of Legal GRC software specifically designed for in-house legal, privacy, and IT teams at Global 2000 and AmLaw 200 organizations – today announced it has expanded its business unit in charge of Exterro Review, with the addition of Clay Cocalis as Senior Vice President, Review Software. Mr. Cocalis’ newly minted position at the company represents the significant investment Exterro is placing in Exterro Review. In conjunction with the strategic hire, the company is announcing that it has revamped and optimized Exterro Review to make it more scalable and affordable for the entire legal ecosystem, including legal service providers, law firms and corporate clients. “I’m incredibly excited to welcome Clay to Exterro. He is a distin
Benjamin Hill Releases Inaugural Drill Program Targeting Most Prospective Locations on the Sonora Gold Property22.9.2021 13:30:00 CEST | Press release
VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Benjamin Hill Mining Corp. (CSE: BNN) (OTCBB: BNNHF) (“BHM” or the “Company”) is pleased to announce their inaugural drill program for their never before drilled Sonora Gold property in the Caborca Gold belt of Sonora Mexico. The program consists of 80 strategic drill holes targeting the main mineralized structures in the Caracahui, Caracahui North, Sonora Copper, La Salada and Antenas exploration areas. The 80 sites were selected based on detailed mapping of mineralized structures and very encouraging surface sample assay results. Drill targets have been prioritized to assess areas where surface samples revealed the highest gold values and in locations that are accessible with minimal road building and ground disturbance (Figure 1). Benjamin Hill plans a phased approach to the drill program to maximize the value of the data collected. The exploration areas containing the best assays from surface sampling will be the focus
Millicom Announces Early Participation Results of and Increases the Maximum Acceptance Amount for the Exchange Offer22.9.2021 13:05:00 CEST | Press release
Millicom Announces Early ParticipationResults of and Increases the Maximum Acceptance Amount for the Exchange Offer Luxembourg, September 22, 2021 – In connection with its previously-announced offer to exchange (the “Exchange Offer”) its outstanding 6.625% Senior Notes due 20261 (the “2026 Existing Notes” or “Old Notes”) for 4.500% Senior Notes due 2031 (the “New Notes”), Millicom International Cellular S.A. (the “Company”) (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) announces the results as of the Early Participation Date (as defined below) and increases the Maximum Acceptance Amount (as defined below) for the Exchange Offer to accept all 2026 Existing Notes that were validly tendered and not validly withdrawn by the Early Participation Date (as defined below). Early Participation Date Results The Early Participation Date with respect to the Exchange Offer occurred at 5:00 PM, New York City time, on September 21, 2021 (such time and date, the “Early Participation Date”). According
Van Lanschot Kempen: EGM agrees to Brigitte Boone’s appointment as a member of the Supervisory Board and takes note of the intention to appoint Maarten Edixhoven as a member and Chair of the Management Board22.9.2021 13:00:00 CEST | Press release
’s-Hertogenbosch/Amsterdam, the Netherlands, 22 September 2021 On 22 September 2021, Van Lanschot Kempen’s extraordinary general meeting (EGM) approved the appointment of Brigitte Boone as a member of its Supervisory Board. It was also officially advised of the intention to appoint Maarten Edixhoven as a member and Chair of the Management Board effective 1 October 2021. Frans Blom, Chair of the Supervisory Board, said: “We’re delighted with Brigitte’s appointment and wish her lots of success as a member of our Supervisory Board. On 1 October 2021, we’ll welcome Maarten as the company’s new CEO, which is also when we’ll bid farewell to our current Chair, Karl Guha. “Van Lanschot Kempen’s results and growth in the years under Karl’s leadership tell their own story, but our people’s engagement, entrepreneurialism and sheer drive are unparalleled. We’ll miss Karl as a director and manager, as a colleague, and most of all as a highly inspiring leader. And we are so grateful to him for headi
Solarisbank selects Feedzai as Risk Management Partner22.9.2021 12:53:53 CEST | Press release
Two fintech Unicorns join forces to shape the future of financial services and democratize access to banking in Europe AMSTERDAM, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Feedzai, the world’s leading cloud-based financial risk management platform, and Solarisbank AG, Europe's leading Banking-as-a-Service platform, announced today at Money20/20 Europe a multi-year partnership. The pioneering companies have joined forces to reshape banking, combining the trailblazing transformation that comes with Banking-as-a-Service with the risk management and security that is expected from financial institutions - all while preserving the customer experience. Importantly, the flexibility of Feedzai’s risk management solution means they can scale as Solarisbank grows, helping the company to keep up with a regulatory and geo-political landscape that is in a constant state of flux as well as more comprehensively protect customers from threats. Solarisbank enables any company to offer financial services via AP
Fobi Data Exchange Launches With First Partner, In-Touch Group, A Leading UK Platform Managing Data From 6,000 Independent Convenience Stores22.9.2021 12:00:00 CEST | Press release
In-Touch group will optimize Data With Fobi AI Driven Analytics And Monetize Through Global CPG Brands. Fobi Data Exchange (FDX) Delivers Analytics For Both Convenience Stores and CPG Brands Previously Thought Unattainable VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) (the “Company” or “FOBI”), a global leader in providing real-time data analytics through artificial intelligence to drive operational efficiencies and profitability, is pleased to announce the launch of the Fobi Data Exchange (“FDX”) with its first data monetization agreement and partner, In-Touch Group, a provider of consumer insights and digital marketing to retailers and consumers. In-Touch currently manages a data lake of point-of-sale transactions for approximately 6,000 convenience stores, which is projected to increase to approximately 10,000 stores by the end of 2021. Through FDX, Fobi will optimize and monetize this data by providing Global CPG brands with
RESULT OF RIKSBANK REVERSED AUCTIONS TREASURY BILLS22.9.2021 11:07:00 CEST | Press release
Auction date2021-09-22 LoanDEC 2021IsinSE0015244405Coupon, %0.00Maturity2021-12-15 Tendered volume, SEK mln1,000 +/- 500Offered volume, SEK mln2,800 Volume bought, SEK mln1,000 Number of bids11 Number of accepted bids10 Average yield, %-0.238 %Lowest accepted yield, %-0.288 %Highest yield, %-0.205 %Accepted at lowest yield, %20.00 Auction date2021-09-22 LoanJUN 2022IsinSE0016102057Coupon, %0.00Maturity2022-06-15Tendered volume, SEK mln1,000 +/- 500Offered volume, SEK mln2,000 Volume bought, SEK mln1,000 Number of bids6 Number of accepted bids1 Average yield, %-0.288 %Lowest accepted yield, %-0.288 %Highest yield, %-0.288 %Accepted at lowest yield, %100.00 Auction date2021-09-22 LoanSEP 2022IsinSE0016787204Coupon, %0.00Maturity2022-09-21Tendered volume, SEK mln500 +/- 250Offered volume, SEK mln1,000 Volume bought, SEK mln500 Number of bids3 Number of accepted bids1 Average yield, %-0.311 %Lowest accepted yield, %-0.311 %Highest yield, %-0.311 %Accepted at lowest yield, %100.00