H2X Global Limited has announced a Memorandum of Understanding (MoU) with NF Co., a South Korean oxygen concentrator manufacturer, to advance hydrogen fuel cell and cutting-edge cabin integration technologies.
Source: H2X Global News
H2X Global Limited
H2X is led by a team with more than 20 years of experience developing fuel cell and hydrogen vehicles and power systems in Europe and Asia. The Company is currently working on several customer delivery programmes for fixed power generation and vehicles in Europe, Australia, Southeast Asia, Africa, and South America.
The article states:
"The signing of this MoU marks a pivotal moment in the journey towards a sustainable and healthier future for global mobility. H2X, known for its leadership in Hydrogen Fuel Cell Vehicles (FCEV) and Fuel Cell Power Applications, is taking a bold step by addressing driver well-being within its vehicles. NF is a well-known oxygen concentrator manufacturer in South Korea, offering a wide range of oxygen supply products, with an expected revenue of $15 million in 2023.
Recently, the company has developed a unique in-car oxygen supply system, “O2REX-V,” which provides fresh, high-concentration oxygen to drivers to reduce fatigue and improve concentration, preventing drowsiness and accidents. This product has attracted great attention in the recent market trend where the “health, well-being and safety” of drivers has become the most important topic. "
Key Highlight of the MoU: Technical Collaboration: H2X and NF are partnering to manufacture Hydrogen Fuel Cell Vehicles and Fuel Cell Power Applications across various service sectors.
Brendan Norman, CEO of H2X says:
"We have long believed India is one of the great manufacturing powers of the world and we have found a great player in the automotive Industry in ADVIK."
"Our partnership with NF goes beyond traditional collaboration. By integrating their oxygen concentrator into our vehicles, we aim to redefine driver well-being and contribute to a healthier and more alert driving experience."
Brendan Norman, CEO, H2X Global
Read the full H2X Global News update here.
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