Business
Ballard Power Test Drives First Hydrogen LCVs
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - First Hydrogen Corp. (TSXV: FHYD...
About this update from First Hydrogen Corp
[{"type":"text","content":"Ballard Power Test Drives First Hydrogen LCVsVancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (\"FIRST HYDROGEN\" or the \"Company\") welcomed Ballard Power Systems (\"Ballard\") to test drive its first-generation zero emission light commercial vehicle (\"LCV\") at AVL Powertrain's engineering facility in Basildon, UK. Ballard partnered with First Hydrogen to develop these first-of-their-kind hydrogen powered LCVs. The two Generation I vehicles use a combination of Ballard's latest LCS fuel cell stack and First Hydrogen's proprietary technology.The First Hydrogen vehicles will be deployed with major fleet operators that have already enrolled to drive the hydrogen zero-emission LCV's. One of the UK's largest fleet operators will start the test drive process imminently. A total of 15 major fleet operators have registered to participate as part of the UK Aggregated Hydrogen Freight Consortium (\"AHFC\"). The trials give commercial operators from a range of sectors – including grocery, express delivery, utilities, and roadside assistance – the opportunity to test hydrogen-powered-fuel-cell electric vehicles alongside their existing fleets and compare different technologies. The Generation I vehicles act as proof of concept and enable fleet operators, refuelling services and prospective customers to test fuel cell vehicles in real-world conditions. The LCVs are currently undergoing vehicle evaluation and mileage accumulation, which will support optimised vehicle efficiency. The data collected enables First Hydrogen to accurately calculate fuel consumption and vehicle range under different driving conditions and inform future vehicle development. Importantly, the findings enable the Company to provide total cost of ownership (\"TCO\") data to prospective customers. Ballard's LCS fuel cell stack technology was chosen for its maximum performance and lifetime durability, which helps to further optimise TCO and make the transition to zero emission vehicles financially competitive. To support the move to net zero, First Hydrogen is also developing an end-to-end 'Hydrogen-as-a-Service' solution, providing fleets with green hydrogen fuel, fleet aftercare and zero emission vehicles. The global LCV market is projected to reach USD 751.86 billion by 203...