Business
Haydale to Contribute to the Development of FCHEVs
Haydale to Contribute to the Development of FCHEVs.
About this update from Haydale Plc
[{"type":"text","content":"\n\n\n\n\n\nREACH\n\n\n \n\n\n\n\nFor immediate release\n\n\n24th May 2023\n\n\n\n\n \n\n\n \n\n\n\nHaydale Graphene Industries plc\n \n('Haydale' or the 'Group')\n \nHaydale to Contribute to the Development of FCHEVs\n \nHaydale, (AIM: HAYD), the global technology solutions company, will be a key contributor to Viritech's development of fuel cell hydrogen electric vehicles (FCHEVs).\n \nViritech, the leading developer of high-performance hydrogen powertrain solutions for the automotive industry, has secured a major role in Ford Motor Company's (\"Ford\") three-year hydrogen fuel cell E-Transit trial and Haydale will lead the development of new functionalised materials and resins for Type V pressure vessels to support Viritech's proprietary integrated mounting system Graph-Pro™.\n \nAlthough not yet commercially available, Type V hydrogen pressure vessels offer the prospect of a significant weight reduction by removing the need for an inner liner, which is currently required in composite pressure vessels to act as an impermeable barrier. Haydale's advanced graphene-enhanced carbon fibre material will enable the construction of impermeable pressure vessels.\n \nThe FCVGEN2.0 project awarded to Ford will look to design, develop and build a fleet of eight hydrogen fuel cell powered Transit vans. The project is being funded by The Advanced Propulsion Centre (APC) with £8m awarded by government, matched by industry to a total of £16.3m.\n \nKeith Broadbent, CEO of Haydale, commented:\n \n\"Haydale is delighted Viritech is one of the partners in this research project, and we look forward to continuing our collaboration to develop new materials for the Type V pressure vessels. The partnership will play a significant role in bringing UK developed and industry-leading storage solutions to the automotive market.\"\n \nTimothy Lyons, CEO of Viritech commented:\n \n\"This is a massive opportunity and Viritech is excited to be working with Haydale on this next phase of hydrogen technology development. FCHEVs will play a vital role in decarbonising commercial vehicles and, as such, a vital contributor to Sustainable Transportation.\"\n \n- Ends -\nFor further information:\n\n\n\nHaydale Graphene Industries plc\n\n\n\n\n\n\n\nKeith Broadbent, Chief Executive Officer\n\n\nTel...