Barclay Pearce Capital
- Nov 5, 2021
- 3 min read
H2X Signs International Hydrogen Fuel Cell Vehicle Agreement
Hydrogen Fuel Cell innovator H2X Global Ltd has signed an MOU that will see it commence Hydrogen Fuel Cell Vehicle production in Sarawak, Malaysia – which is gearing up to become the Hydrogen Epicentre of South East Asia.
H2X Global Limited
H2X Global announced that:
"Sarawak Economic Development Corporation (SEDC), through its wholly owned subsidiary SEDC Energy, has signed an MOU for an incorporated joint venture with H2X Global for the manufacturing, assembly and development of a range of strategic transport projects."
The long-term commitment of the joint venture is to develop component and vehicle production.
H2X Global presents key points from the announcement:
- Sarawak gears up to become Hydrogen Epicentre of South East Asia.
- H2X to initially build Fuel Cell Electric buses for the Sarawak Transport System in the next 18 months.
- New Hydrogen Production Plant to exceed domestic needs and create a new export revenue stream for Sarawak.
- H2X team to create a training Centre of Excellence to help build local jobs with high level hydrogen technology knowledge and expertise.
Read the full Stockhead article here.
H2X will present its hydrogen fuel cell breakthroughs at COP26
H2X was also recently featured in a Stockhead article regarding the 2021 United Nations Climate Change Conference.
The article states that:
"H2X Global’s work in developing hydrogen fuel cell vehicles has been recognised by an invitation to present at the 2021 United Nations Climate Change Conference.
As a headline participant, the company will be one of a select few innovative companies leading the way in renewable technologies that will share their technological breakthroughs with leaders at the conference, also known as the COP26 summit, in Glasgow, Scotland."
The invitation, according to H2X, validates the company's position as a global leader in technology innovations addressing climate change.
Read the full Stockhead article here.
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