Hexagon Purus to supply hydrogen cylinders to Nikola
The global market for fuel cell electric vehicles (FCEV) is expected to grow significantly in the coming years.
Hexagon Purus (Norway headquartered supplier of hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems Integration company) will develop and supply high-performance type 4 hydrogen cylinders to Nikola Corporation (an American company working on zero-emission vehicle), H2 bulletin reports.
Both companies signed a multiyear agreement which is an excess of €200 million (US$ 242 million). It is expected that the project will commence in the next two months. The storage technology will also be certified in Europe and North America for hydrogen storage applications. The agreement will help Hexagon Purus to reposition itself for other future projects with Nikola.
Michael Kleschinski, EVP Light Duty, Distribution & Cylinders, Hexagon Purus, said, “Putting these hydrogen-powered trucks on the road will accelerate the energy transition in heavy-duty transportation.”
He further added that the first Hexagon Purus 700 bar hydrogen cylinders would begin testing and validation later this year.
Hexagon Purus’ High-Performance Type 4 Hydrogen cylinders are certified to multinational standards and are already successfully in service on other fuel cell trucks and busses.
This week, Hexagon Agility, a business of Hexagon Composites, stated it received its fifth set of orders in 2021 under the agreement it signed in June last year with a global logistics customer to deliver compressed natural gas (CNG) and renewable natural gas (RNG) fuel systems for medium and heavy-duty trucks. The value of this deal is US$ 12.5 million, while the order placed this year represent around US$ 44 million.
