Hexagon Purus selected by New Flyer for the fifth consecutive year to supply hydrogen cylinders for transit buses in North America
26 November 2024 - 10:30PM
UK Regulatory
Hexagon Purus selected by New Flyer for the fifth consecutive year
to supply hydrogen cylinders for transit buses in North America
(Oslo, Norway, 26 November 2024) Hexagon Purus, a world leading
manufacturer of zero-emission mobility and infrastructure
solutions, has been selected by New Flyer, North America’s largest
mass mobility solutions provider, to supply hydrogen cylinders for
the fifth consecutive year. New Flyer, a subsidiary of NFI Group
Inc. (“NFI”), is playing a key role in enabling zero-emission
transportation in North America, deploying hydrogen buses and
infrastructure in cities across the U.S. and Canada.
Hexagon Purus will continue to provide its Type 4 hydrogen
storage cylinders for New Flyer’s next generation, zero-emission
hydrogen fuel cell-electric transit bus, the Xcelsior CHARGE FC™,
enabling a driving range of 370+ miles/600 km on a single
refueling. The total value of this contract is estimated to be
approximately USD 6.3 million.
Production of the Type-4 hydrogen storage cylinders will be out
of Hexagon Purus’ facility in Westminster, Maryland (U.S.). Since
2020, Hexagon Purus has delivered hydrogen cylinders for more
than 200 New Flyer hydrogen fuel cell-electric transit
buses.
Driving Energy Transformation
"New Flyer’s next generation zero-emission hydrogen fuel
cell-electric transit bus, the Xcelsior CHARGE FC, is North
America’s most advanced hydrogen bus and is built on decades of
experience and innovation,” says Brad Barnes, Strategic Sourcing
Vice President, NFI. “We are thrilled to continue our longstanding
partnership with Hexagon Purus and look forward to supporting our
customers by putting more high-performing hydrogen fuel
cell-electric transit buses on the road in North America during
2025”.
“We have built a strong relationship with New Flyer over several
years, and we are very happy to continue supporting them in 2025”,
says Michael Kleschinski, EVP Mobility & Infrastructure. “There
is an increasing demand for zero-emission solutions in public
transportation, and New Flyer’s hydrogen fuel cell-electric transit
bus offering plays a vital role in decarbonizing public
transportation”.
Timing
The cylinders will be delivered throughout 2025.
About the market
The mobility sector is accountable for approximately 20% of
annual carbon emissions globally, and hydrogen has a significant
role to play in reducing these emissions, particularly in “hard to
abate” sectors. Making green hydrogen available for use in amongst
other the mobility sector is critical to reduce carbon
emissions.
As hydrogen, a key contributor to the energy transition,
continues to build momentum globally, more than 30 countries have
released hydrogen roadmaps. According to the Hydrogen Council, the
number of announced hydrogen projects grew in 2023 by about 35% to
over 1,400, equaling USD 570 billion investments. Green hydrogen is
projected to supply up to 25% of the world's energy needs by
2050.
For more information
Eli Turander, Global Communications Director, Hexagon Purus
Telephone: +47 953 35 795 | eli.turander@hexagonpurus.com
Mathias Meidell, Investor Relations Director, Hexagon
Purus
Telephone: +47 909 82 242
| mathias.meidell@hexagonpurus.com
About New Flyer
New Flyer is North America's heavy-duty transit bus leader and
offers the most advanced product line under the
Xcelsior® and Xcelsior CHARGE® brands. It
also offers infrastructure development through NFI Infrastructure
Solutions™, a service dedicated to providing safe, sustainable, and
reliable charging and mobility solutions. New Flyer actively
supports over 35,000 heavy-duty transit buses (New Flyer, NABI, and
Orion) currently in service, of which 8,600 are powered by electric
motors and battery propulsion and 1,900 are zero-emission.
Further information is available at www.newflyer.com.
About Hexagon Purus
Hexagon Purus enables zero emission mobility for a cleaner
energy future. The company is a world leading provider of hydrogen
Type 4 high-pressure cylinders and systems, battery systems and
vehicle integration solutions for fuel cell electric and battery
electric vehicles. Hexagon Purus' products are used in a variety of
applications including light, medium and heavy-duty vehicles,
buses, ground storage, distribution, refueling, maritime, rail and
aerospace.
Learn more at www.hexagonpurus.com and follow @HexagonPurus on X
and LinkedIn
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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