Loop Energy to Fuel 8-Meter Hydrogen Minibus with Mobility & Innovation a.s. in Slovakia.
Loop Energy (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell-based solutions, announces the order of the company’s S300 fuel cell module to Slovakia-based company, Mobility & Innovation a.s. (M&I), to fuel the electric powertrain of their new 8-meter transit bus as part of the company’s M&I composite platform. This order is the first under the commercial agreement signed between the parties, which anticipates over $1.9 million USD in fuel cell shipments from Loop Energy over the next two and a half years.
János Onódi, Chief Executive Officer and Co-Owner of Mobility & Innovation a.s.:
This marks the start of a new era in Slovakian bus manufacturing
“Combining our best-in-class lightweight composite body truck and our technology with Loop Energy, one of the best fuel cell platforms in the world, is a natural and exciting next step for us.”
M&I is the developer of a lightweight and zero-emission city bus platform, known for its zero-emissions powertrain and industry-leading GVWR (Gross Vehicle Weight Rating) for a zero-emission transit bus vehicle. Manufactured with laminate composite materials, M&I buses are lighter than comparable steel vehicles. The low-curb weight enables greater passenger capacity, while still meeting even the most stringent of axel load requirements.
To further meet the need for both power density and fuel-efficient energy, M&I has selected Loop Energy to provide their proprietary fuel cell modules. Loop can deliver power and enable a smaller fuel storage system without compromising the weight or range of the bus. The fuel cell system will also aid in improved total cost of ownership for M&I’s customers.
George Rubin, Chief Commercial Officer of Loop Energy:
Mobility & Innovation’s M&I family of vehicles offers a great fit with both municipal and private bus fleet operators’ requirements.
“We are very excited about being a part of the upcoming launch of the hydrogen-electric model of the M&I bus. Municipal transit is a great example of a vertical market with a very strong business case for hydrogen electric vehicles and as a result, we maintain a strong focus on establishing strategic partnerships with bus OEMs across the key geographic markets.”
READ the latest news shaping the hydrogen market at Hydrogen Central
Loop Energy to Fuel 8-Meter Minibus with Mobility & Innovation a.s. in Slovakia, June 9, 2021
