Hexagon Purus and Chinese energy equipment manufacturer CIMC Enric have joined forces to accelerate zero-emission hydrogen transportation in China and Southeast Asia.
Two joint venture agreements have been signed today (2nd March) that encompass cylinder and systems production for fuel cell electric vehicles (FCEVs) and hydrogen distribution.
Under these agreements, Hexagon and CIMC Enric will jointly establish facilities for manufacturing cylinders and systems to serve the fast-growing demand of the Chinese and Southeast Asian market for safe, lightweight and cost-efficient compressed hydrogen storage solutions.
The Chinese market for FCEVs is expected to grow to become the largest global market over the next decade and beyond.
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