A key automotive company for fuel cell vehicles in Northeast Asia has nominated Hexagon Purus, a subsidiary of Hexagon Composites, for the serial supply of composite cylinders for their current zero-emission fuel cell SUVs. Hexagon Purus’ first prototypes of the 700 bar high-pressure cylinders are due to be delivered by the end of this year.
The scope of the nomination is over a two-year period with an estimated sales value of 25 million euros. The nomination also positions Hexagon Purus for further projects within a large range of vehicle applications with this Asian OEM. The supply contract is subject to final negotiations of terms and conditions.
Northeast Asia is among the largest automotive markets in the world in terms of size. Today the region dominates the global hydrogen economy with hydrogen-fueled cars, refueling stations and fuel cell applications. The shift to zero emissions vehicles is driven by the desire to improve air quality and reduce CO2 emissions, as well as to support energy independence.
“The push for decarbonization is gaining momentum. We see game-changing market opportunities and we are mobilizing to accelerate the development of zero emission mobility solutions,” said Morten Holum, President Hexagon Purus. “Our extensive experience in Type 4 cylinder technology and deep systems understanding makes us well-prepared to meet the accelerated demand we expect for zero-emissions solutions.”
“Northeast Asia is among the leading regions in the world promoting hydrogen energy. We are excited about this opportunity to engage in the region and support efforts to drive energy transformation,” commented Michael Kleschinski, EVP Hexagon Purus. “Hydrogen is the main focus of Hexagon Purus. We are pleased to become an approved supplier to a major OEM in this large market, and to bring our Type 4 cylinder technology to a new innovative collaboration.”
Source: Hexagon Composites