VANCOUVER, BC — First Hydrogen Corp. (” FIRST HYDROGEN ” or the ” Company ”) (TSXV:FHYD) (OTC PINK:FHYDF) (FSE:FIT) is pleased to announce its’ agreement with FEV Consulting GmbH (“FEV”) to jointly design and manufacture a prototype bespoke hydrogen refueling station for the hydrogen mobility market.
First Hydrogen is partnering with FEV, headquartered in Aachen, Germany, to design and build a prototype liquid hydrogen refueling station to better serve its mobility customers over the lifetime of their ownership of First Hydrogen vehicles and service the hydrogen fuel mobility market.
First Hydrogen views the development of the Hydrogen Mobility Refueling Station as an accretive to its automotive strategy and as an additional opportunity for selling hydrogen related technology to its customer base and more generally to accelerate the adoption of hydrogen as a main source of fuel for the light to heavy hydrogen mobility sector. According to the report published by Next Move Strategy Consulting on December 13, 2021, the Hydrogen Fuel Cell Vehicle market is expected to hit US$851 billion by 2030.
About First Hydrogen Corp.
First Hydrogen Corp. is a Vancouver based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems Inc. having a range of 500+ kilometres. First Hydrogen will also offer fuel-cell-powered supercritical CO2 extraction systems that will allow users to operate the systems in remote locations where there are no electrical power grids available, or the electrical power is unstable. This already developed supercritical CO2 extraction system is fully operational and can be monitored and supported remotely by the company’s in-house fully integrated software operating system.
About FEV Consulting GmbH
FEV Consulting offers a unique combination of management consulting capabilities with over 35 years of experience in pre-production and production development, production planning and cost engineering. Projects are led by consultants with many years of industry and consulting experience. This enables FEV to provide solutions that are both practical and implementable with a deeper level of content, setting FEV apart from other consulting firms. FEV has access to over 3,000 global subject matter experts from one of the world’s leading engineering service providers. FEV engagements feature world-class interdisciplinary project teams tailored to suit individual customer projects.
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