RONN Inc. States Recent Positive International Discussions Have Re-Ignigted Our Hypercar Project
Rhea-AI Summary
RONN Inc. (OTC PINK:RONN) has announced the revival of its Hypercar project following positive international discussions. The company plans to develop a hydrogen fuel cell electric vehicle (HFCEV) utilizing Proton Exchange Membrane (PEM) technology, with technical details to be revealed at the Geneva Supercar event in June 2025.
The project aims to launch in Geneva in 2026, with market introduction planned for Q4 2026. The hypercar promises exceptional range, torque, and handling while producing only water and heat as byproducts. This initiative aligns with market projections showing the global supercar market growing from USD 17.5 billion in 2023 to USD 24.9 billion by 2033, with a 3.7% CAGR. The hydrogen generation market is expected to expand from USD 160 billion to USD 220 billion by 2030.
Positive
- Project aligns with growing hydrogen generation market projected to reach USD 220 billion by 2030
- Strategic focus on luxury markets in Middle East where purchasing power is high
- Zero-emission technology positions company for future mobility solutions
Negative
- Project still requires securing strategic funding and investment partnerships
- No specific performance metrics or pricing details provided
- Extended timeline to market introduction (Q4 2026) may impact competitive positioning
News Market Reaction
On the day this news was published, RONN declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SCOTTSDALE, ARIZONA / ACCESS Newswire / April 1, 2025 / RONN Inc. (OTC PINK:RONN), a pioneering innovator in hydrogen technology, today announced that detailed, exciting international talks regarding its ambitious Hypercar initiative, aligning with CEO and Founder Ronn Ford's lifelong passion for becoming associated with legendary luxury automakers such as Bugatti, Pagani, and Koenigsegg has re-ignited our project in this new economy.
"Our renewed momentum reflects years of meticulous development and strategic insight," stated Mr. Ford. We expect to reveal more technical details and updates by or at the Geneva Supercar event in early June 2025.
The futuristic new hypercar, a state-of-the-art hydrogen fuel cell electric vehicle (HFCEV) designed to redefine high-performance automotive standards, is central to this project. This Hypercar is expected to offer an extraordinary driving range, unparalleled torque, exceptional handling, and fully electric propulsion driven by advanced Proton Exchange Membrane (PEM) fuel cell technology.
PEM fuel cells represent the pinnacle of clean energy innovation. By Utilizing hydrogen and oxygen to generate electricity, the cells emit only water and heat as byproducts. Hydrogen enters at the anode side, splitting into electrons and protons; the electrons generate electrical current externally, while protons move through a specialized membrane to combine with oxygen at the cathode. This innovative process underscores the company's commitment to delivering sustainable, high-performance transportation solutions.
PEM Fuel Cell Example:
RONN Inc.'s initiative coincides with robust global growth in luxury and hyper-performance vehicles. The global supercar market, valued at USD 17.5 billion as of 2023, is projected to grow to USD 24.9 billion by 2033, achieving a compound annual growth rate (CAGR) of
Moreover, global investment and interest in hydrogen technologies are accelerating. According to recent industry reports, the global hydrogen generation market, valued at approximately USD 160 billion, is projected to surpass USD 220 billion by 2030, driven by increasing demand from automotive, logistics, and stationary power sectors worldwide. RONN Inc.'s Hypercar project strategically aligns with international efforts towards zero-emission mobility solutions, creating significant opportunities for global expansion and industry leadership.
Securing strategic funding and investment partnerships is critical for realizing this revolutionary vision. With adequate financial backing, RONN Inc. expects to debut in 2026 in Geneva, Switzerland, aiming for market introduction in the fourth quarter of 2026. "We firmly believe the new unnamed hypercar will inspire automotive enthusiasts, set groundbreaking standards, and transform perceptions of what Hypercars can deliver," Ford expressed.
The new unnamed hypercar represents more than just automotive innovation - it symbolizes Ronn Ford's dream and vision of performance, sustainability, and global mobility. Investors, industry experts, and automotive enthusiasts worldwide are encouraged to follow RONN Inc. closely as it shapes the new era of hydrogen-powered transportation.
About RONN Inc.
RONN Inc. specializes in advanced hydrogen fuel cell electric vehicles (HFCEVs), hydrogen infrastructure solutions, and pioneering stationary hydrogen power applications. Dedicated to sustainability, innovation, and technological leadership, RONN Inc. is worldwide shaping the future across transportation, logistics, and clean energy sectors.
Forward-Looking Statements
This press release contains forward-looking statements subject to inherent risks and uncertainties. Actual results may vary materially due to numerous factors beyond the company's control. RONN Inc. undertakes no obligation to revise or update these statements unless legally required publicly.
Contact:
Investor Relations: info@ronnmotorgroup.com
Social Media: [@ronnincglobal on X]. (https://x.com/RONNMotorGroup)
Website: [www.ronnmotorgroup.com]. (http://www.ronnmotorgroup.com)
SOURCE: RONN Inc.
View the original press release on ACCESS Newswire
FAQ
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