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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

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Continuing to speed up the adoption of hydrogen in long-haul transportation, Hydra Energy —the first Hydrogen-as-a-Service provider for commercial fleets—announced a strategic partnership with Chemtrade. Global transportation is currently responsible for 16% of GHG emissions, with a significant portion from road transport.

Hydrogen 301
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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

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A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.

Hydrogen 474
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Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

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Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis. In addition, the ability to use heat, which is a much lower cost source of energy than electricity, further improves the economics of green hydrogen production. By using less electricity, hydrogen production is more economical and accelerates adoption.

Low Cost 397
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Loop introduces new 120kW fuel cell system; 60% net system efficiency, much earlier fuel-cost parity with diesel

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Loop Energy, a designer and manufacturer of hydrogen fuel cells for commercial mobility, unveiled its new 120 kW fuel cell system at IAA Transportation 2022. Loop Energy said that this new product can achieve fuel-cost parity with diesel by up to eight years earlier than previously possible.

Fuel 243
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Sylvatex developing new lower-cost CAM manufacturing process for Li-ion batteries

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Advanced materials technology company Sylvatex (SVX) announced a new proprietary waterless production method that delivers premium EV-grade cathode active materials (CAM) at lower costs and that allows for a broader material input supply base to enable demand growth. SVX recently closed a Series A funding of $8.4

Li-ion 259
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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 European Light Commercial Vehicle Sales 2018. IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles. million units annually by 2030.

Global 259
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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.