Distributed Energy Resources, Industrial - July 5, 2022
Tevva Motor Adds Fuel Cells For Hydrogen Trucks
Tevva Motors Ltd (Tevva) signed a multi-year fuel cell supply agreement to scale production of its hydrogen electric trucks.
The agreement was signed with Loop Energy, which includes delivery commitments in excess of US$12 million through 2023.
Tevva will integrate Loop Energy’s fuel cell systems into its manufacturing process as it increases production of hydrogen electric trucks to meet demand in 2023. It is anticipated that the first of the trucks will be on the road in 2022. Once deployed, the trucks are expected to rapidly add to the 500,000 kilometers of on-road service Loop Energy’s fuel cells have already powered.
“Development of our Hydrogen-Electric Truck platform has been extremely encouraging, and we are seeing growing demand for our product line,” Tevva Founder & CEO, Asher Bennett said in a statement. ”Loop Energy continues to show it can support our production targets and provide a fuel cell solution that will deliver lower costs and improved performance to our customers. As a result, we are moving closer to our corporate goal of reducing 10 million tonnes of global transportation CO2 emissions by 2030.”
Tevva unveiled its first Hydrogen-Electric Truck alongside Loop Energy at the Road Transport Expo in Warwickshire, UK, on June 30.