HomeNewsNewsLoop Energy Sees Continued Positive Growth in Global Hydrogen Truck Market

Loop Energy Sees Continued Positive Growth in Global Hydrogen Truck Market

VANCOUVER, British Columbia–(BUSINESS WIRE)–Loop Energy™ (TSX: LPEN), a developer and manufacturer of hydrogen fuel cells for commercial mobility, today announces two new customers, each developing medium-duty hydrogen-electric trucks.

Opex, a Colombian systems integrator of batteries and hydrogen fuel cells, and Avia Ingeniería, a Spanish electric powertrain provider and systems integrator, are both looking to trial hydrogen-electric vehicles in 2023.

Loop Energy enters the Pilot Phase of the Customer Adoption Cycle with both companies, expanding its presence in the dynamic European market and establishing its first relationship in the emerging South American market. The news comes after Loop Energy recently upgraded its purchase order guidance for the next 18 months.

Having supplied components and infrastructure for battery-electric vehicles for more than a decade, Opex identified fuel cells as a solution for…

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