Loop Energy and IN-Power form joint venture

Loop Energy and IN-Power form joint venture

Vancouver-based Loop Energy, a provider of fuel cell electric range extenders for medium and heavy-duty transport applications and Beijing-based IN-Power have established a non-exclusive joint venture agreement to produce heavy-duty motive power systems in China.

The manufactured heavy-duty motive systems developed through the joint venture will feature Loop Energy’s fuel cell stacks for the next generation heavy-duty electric buses and trucks in China. The joint venture will also see Loop contribute its system design to simplify and increase the efficiency of the fuel cell system.

IN-Power will bring its manufacturing capability and power electronic expertise, including its DC/DC fuel cell inverter technologies, to provide new and existing customers with a highly efficient and more-competitive zero emission heavy duty truck and bus powertrain solution.

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