• First Hydrogen (FHYD) is working with German consulting company FEV to design a prototype liquid hydrogen refueling station
  • The companies will jointly design and manufacture a prototype refueling station that will better serve First Hydrogen’s own mobility customers and the broader hydrogen fuel mobility market
  • The refueling stations will serve owners of First Hydrogen vehicles over the lifetime of their vehicles
  • First Hydrogen is a Vancouver based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems
  • First Hydrogen Corp. (FHYD) opened trading at $1.70 per share

First Hydrogen (FHYD) is working with German consulting company FEV to design a prototype liquid hydrogen refueling station.

Headquartered in Aachen, Germany, FEV Consulting GmbH has over 35 years of experience in product development, production planning, and cost engineering.

First Hydrogen and FEV have signed an agreement to jointly design and manufacture a prototype refueling station that will better serve First Hydrogen’s own mobility customers and the broader hydrogen fuel mobility market.

According to a report published by Next Move Strategy Consulting, the hydrogen fuel cell vehicle market is expected to hit US$851 billion by 2030.

First Hydrogen plans to capitalize on this growth with the production of the Hydrogen Mobility Refueling Station, using the prototype to market other hydrogen-related technology to its customer base.

The refueling stations are expected to accelerate the adoption of hydrogen as a main source of fuel and will serve owners of First Hydrogen vehicles over the lifetime of their vehicles.

First Hydrogen is a Vancouver-based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems.

The company is also developing a hydrogen-fuel-cell-powered light commercial vehicle, making the Hydrogen Mobility Refueling Station the logical next step in its automotive strategy.

First Hydrogen will also offer fuel-cell-powered supercritical CO2 extraction systems that will allow users to operate the systems in remote locations where there are no electrical power grids available or where the electrical power is unstable.

First Hydrogen Corp. (FHYD) opened trading at $1.70 per share.

More From The Market Online

Samsung invests in NFT Technologies portfolio company

Samsung takes a stake in Metablox, a decentralized physical infrastructure network backed by NFT Technologies (NEO:NFT).

Microsoft stock rallies after Q3 results beat expectations

Microsoft (NASDAQ:MSFT) shares rose nearly 3 per cent early Friday after its fiscal Q3 results beat Wall Street's expectations.
Fobi AI Canadian equestrian Kassidy Keith

Fobi AI to sponsor Canadian equestrian Kassidy Keith

Fobi AI (TSXV:FOBI), an AI and data intelligence stock, inks a two-year sponsorship agreement with Canadian equestrian Kassidy Keith.