Following the joint venture between H2X Global Limited and Advik Hi-Tech Private Ltd to manufacture, assemble, trade, and distribute hydrogen fuel cell vehicles in India, Pure Hydrogen's share price saw a jump over 30% to $0.48. PH2 is H2X's largest shareholder with a holding of ~24% and will greatly benefit from the success of the company.
Source: Google Finance - share price at 2:47pm 28/1/2022
H2X Global Limited
H2X Global Limited is a hydrogen fuel cell automotive and power unit Company founded on absolute sustainability. The Company is focused on the growing hydrogen fuel cell transport markets which are emerging in the key regions of China, North America, Europe, North Asia and Scandinavia.
H2X is directing its energy towards developing a range of commercial fuel cell electric vehicles (FCEVs) due to their advantages over battery electric and diesel vehicles. The initial products include fuel cell buses, utes, and gen-sets.
H2X's flagship launch vehicle is the Warrego hydrogen ute; a Ford Ranger conversion vehicle that demonstrates the power of hydrogen fuel cells and their ability to decarbonise the global commercial transportation industry.
Learn more about H2X here.
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