Pure Hydrogen investee, H2X Global, released the world’s first Hydrogen Fuel Cell 4WD Pick Up Truck last year.
The Australian has named Pure Hydrogen Corporation (ASX: PH2) as one of the top four ASX-listed companies leading the way in emissions-free hydrogen transport.
The Australian highlighted Pure Hydrogen’s unique business model, which packages up the sale of hydrogen fuel cell devices — buses, trucks, generators, prime movers, and waste collection vehicles — with long-term fuel supply agreements.
Currently, Pure Hydrogen expects to deliver a hydrogen-powered Primer Mover to PepsiCo and a hydrogen garbage truck to leading Australian waste management company, JJ’s Waste & Recycling.
Vehicle prototypes will be trialled in Q2 CY23 with PepsiCo and JJ’s Waste & Recycling.
Pure Hydrogen also has a ~23 per cent stake in hydrogen fuel cell electric vehicle company, H2X Global, which it is working with to develop a range of products, including vans, minibuses, SUVs, forklifts, and utes.
In 2023, H2X is expected to deliver vehicles to European customers and begin producing fuel cell products in India with joint venture partner Advik Hi-Tech.