First Hydrogen Corp Stock Price, News & Analysis

First Hydrogen Corp. (TSXV:FHYD, OTC PINK:FHYDF) announced progress on its two hydrogen fuel cell electric vehicle (FCEV) demonstrators in partnership with Ballard Power Systems and AVL Powertrain. Located at AVL's UK headquarters, one vehicle is undergoing design assessments for hydrogen fuel cell integration, while the second focuses on control systems. The first fuel cell stack has been constructed and shipped to Austria for optimization, targeting road testing by June 2022, and final delivery by September 2022. The company is also developing green hydrogen production projects, highlighting its commitment to zero-emission vehicles.

First Hydrogen Corp. has launched First Hydrogen Energy to focus on green hydrogen production and distribution. The new division aims to secure fixed-price green hydrogen for automotive customers by developing 25 MW production sites in the UK, Italy, Germany, and Canada. Key advisors from Ballard Power and INEOS have joined the team. The initiative aligns with global energy transition efforts towards zero-emission technologies. First Hydrogen is also engaged in developing a hydrogen-fuel-cell-powered commercial vehicle with AVL Powertrain and Ballard Power Systems.

First Hydrogen Corp. has appointed Dr. Peter Williams as a Non-Executive Director of its UK subsidiary, enhancing its focus on hydrogen-fuelled vehicles and green hydrogen production. With over 40 years in the industry, including roles at INEOS and BP, Williams is expected to contribute significantly to the development of zero-emissions transportation solutions. This leadership change aligns with First Hydrogen's strategy to grow its commercial fleet and refueling capabilities.

First Hydrogen Corp. has announced a 5-year Research and Collaboration Agreement with the University of Cambridge to develop hydrogen-related technologies. The partnership aims to enhance the hydrogen economy, particularly in automotive applications, through an AI software tool that will analyze hydrogen usage data. This project is expected to create additional revenue streams and provide First Hydrogen with a competitive data advantage. Notable figures include a hydrogen-fuel-cell-powered vehicle design with a 500+ km range, marking a significant step toward the company's goals in zero-emission vehicle technology.

First Hydrogen Corp. has appointed Nicholas Wrigley as Chairman and director of First Hydrogen UK Limited. Wrigley, founder of Winch Energy Group, has overseen the successful development of over 300 MW of solar plants and has extensive experience in renewable energy. He will manage the development of hydrogen fuel cell light commercial vehicles and hydrogen refueling stations. This follows the recent appointments of Steve Gill as CEO of the automotive division and Robert Campbell as non-executive director, further strengthening the leadership team.

First Hydrogen Corp. has appointed Robert Campbell as a non-executive director of its subsidiary, First Hydrogen UK Limited. Campbell brings over 20 years of experience in global business development, particularly in the hydrogen and energy sectors, previously serving as Senior VP at Ballard Power Systems. His role will involve guiding the company as it develops hydrogen-fuel-cell-powered vehicles and refueling stations. First Hydrogen aims to penetrate key markets with a focus on zero-emission vehicles and advanced hydrogen solutions.

First Hydrogen Corp. has appointed Steve Gill as the new CEO of its automotive division as of January 17, 2022. Gill, with extensive experience in powertrain technology and decarbonization, previously served as Director at Ford of Europe. He will lead the development of the company's hydrogen fuel cell-powered vehicles and oversee the construction of hydrogen refueling stations.

First Hydrogen aims to revolutionize zero-emission vehicles and is focused on developing LCVs with a range of over 500 kilometers in collaboration with AVL Powertrain and Ballard Power Systems.

First Hydrogen Corp. has launched a new wholly owned subsidiary, NetzeroH2 Inc., to design and produce hydrogen refueling stations for the automotive market. This initiative, developed in collaboration with FEV Consulting GmbH, aims to advance hydrogen technology and support the company’s strategy in hydrogen fuel mobility. The project aligns with a McKinsey & Company report indicating hydrogen's potential to significantly reduce CO₂ emissions by 2050. First Hydrogen is also working on hydrogen-fuel-cell vehicles to enhance its position in the zero-emission vehicle market.