As part of a financing round totalling up to €50m ($49.9m), Ballard Power Systems and NEUMAN & ESSER has invested in Quantron AG to establish a ‘Hydrogen Alliance’ for a ‘360-degree hydrogen ecosystem’.
Through their investments, both Ballard and NEUMAN & ESSER have acquired minority stakes in the battery- and hydrogen-electric commercial vehicle specialist, which also sees Ballard enter into a development cooperation with Quantron to accelerate the market launch of fuel cell vehicles.
From its financing round, H2 View understands Quantron seeks to expand its ‘Quantron-as-a-Service’ (QaaS), which offers a 360-degree OEM-open ecosystem for its customers, as well as further develop its BEV and FCEVs with a focus on heavy-duty trucks.
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