Loop Energy will provide fuel cell technology to a leading bus manufacturer in China as part of a new $15m deal to support the Nanjing municipal government’s objective of replacing its fleet with hydrogen buses.
Nanjing municipal government wants to replace its existing 7,000-unit battery-electric bus fleet with an improved battery-hydrogen hybrid alternative that offers all-season, long-range and higher passenger-capacity operation.
The multiple-unit range extender order, which represents the start of a long-term commercial agreement over a three-year period, follows the receipt of product certification for Loop’s 50kW Fuel Cell Range Extender Module series from the China Automotive Technology and Research Center (CATARC), a national independent testing and certification organisation for vehicular products in China.
“This agreement marks an important milestone for Loop as it signifies a ramp-up of commercial activity, but it is also a testament to the growing market recognition of Loop product’s performance and cost advantages,” said Ben Nyland, President and CEO of Loop Energy.
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