Membrane electrode assembly

Automotive Fuel Cell Market worth $2.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 12, 2024

Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.

Key Points: 
  • Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.
  • The fuel cell stack, a crucial fuel cell system component, consists of two flow field plates and a Membrane Electrode Assembly (MEA).
  • The fuel cell stack is considered the fuel cell system's most expensive component due to platinum's inclusion.
  • In October 2023, a 50kW fuel cell module (FC module) was developed by Toyota Motor, representing a compact fuel cell (FC) system.

Automotive Fuel Cell Market worth $2.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 12, 2024

Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.

Key Points: 
  • Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.
  • The fuel cell stack, a crucial fuel cell system component, consists of two flow field plates and a Membrane Electrode Assembly (MEA).
  • The fuel cell stack is considered the fuel cell system's most expensive component due to platinum's inclusion.
  • In October 2023, a 50kW fuel cell module (FC module) was developed by Toyota Motor, representing a compact fuel cell (FC) system.

Advent Technologies Secures Funding from Danish Energy Technology Development and Demonstration Program for Innovative R&D Project

Retrieved on: 
Monday, January 8, 2024

Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is delighted to announce that its subsidiary, Advent Technologies, A/S, has secured funding approval for its latest research and development project from the Danish Energy Technology Development and Demonstration Program (“EUDP”).

Key Points: 
  • Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is delighted to announce that its subsidiary, Advent Technologies, A/S, has secured funding approval for its latest research and development project from the Danish Energy Technology Development and Demonstration Program (“EUDP”).
  • Advent's next-generation HT-PEM fuel cell applications are built on the groundbreaking Ion-Pair™ Membrane Electrode Assembly (“MEA”) technology.
  • Manufacturing of these fuel cell systems will take place in Kozani, Greece, as part of the EU-approved Green HiPo IPCEI Project.
  • Collectively, we strive for the successful completion of this project, taking us a step closer to a future where HT-PEM fuel cell technology sets the standard in fuel cell usage.”

Hyundai Motor and Kia to Develop Polymer Electrolyte Membrane with Gore for Hydrogen Fuel Cell Systems

Retrieved on: 
Thursday, January 4, 2024

Partnership aims to develop advanced fuel cell system for commercial vehicles, increasing durability and performance

Key Points: 
  • Partnership aims to develop advanced fuel cell system for commercial vehicles, increasing durability and performance
    SEOUL, South Korea, Jan. 4, 2024 /PRNewswire/ -- Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia) and W. L. Gore & Associates (Gore) have signed an agreement at the Mabuk Eco-Friendly R&D Center, Korea, to collaborate on the development of advanced polymer electrolyte membrane (PEM) for hydrogen fuel cell systems.
  • The ultimate goal of this collaboration is to develop an advanced PEM for next-generation fuel cell electric commercial vehicles.
  • For over 15 years, Hyundai Motor, Kia and Gore have been collaborating in the field of fuel cells.
  • Combining Gore's pioneering PEM technology with Hyundai Motor and Kia's advanced fuel cell expertise, Hyundai Motor and Kia aims to incorporate advanced PEM technology into next-generation fuel cell systems for passenger cars, commercial vehicles and non-automotive sectors.

Hyundai Motor and Kia to Develop Polymer Electrolyte Membrane with Gore for Hydrogen Fuel Cell Systems

Retrieved on: 
Thursday, January 4, 2024

Partnership aims to develop advanced fuel cell system for commercial vehicles, increasing durability and performance

Key Points: 
  • Partnership aims to develop advanced fuel cell system for commercial vehicles, increasing durability and performance
    SEOUL, South Korea, Jan. 4, 2024 /PRNewswire/ -- Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia) and W. L. Gore & Associates (Gore) have signed an agreement at the Mabuk Eco-Friendly R&D Center, Korea, to collaborate on the development of advanced polymer electrolyte membrane (PEM) for hydrogen fuel cell systems.
  • The ultimate goal of this collaboration is to develop an advanced PEM for next-generation fuel cell electric commercial vehicles.
  • For over 15 years, Hyundai Motor, Kia and Gore have been collaborating in the field of fuel cells.
  • Combining Gore's pioneering PEM technology with Hyundai Motor and Kia's advanced fuel cell expertise, Hyundai Motor and Kia aims to incorporate advanced PEM technology into next-generation fuel cell systems for passenger cars, commercial vehicles and non-automotive sectors.

Advent Technologies Announces Intent with Airbus to Launch a Joint Benchmarking Project

Retrieved on: 
Monday, November 6, 2023

Airbus will provide financial support to the project and its extensive knowledge of the aviation industry.

Key Points: 
  • Airbus will provide financial support to the project and its extensive knowledge of the aviation industry.
  • Advent will invest in people, materials, hardware, and 3rd party research centers, to contribute to the goals of the project.
  • Dr. Chris Kaskavelis, Chief Strategy Officer of Advent Technologies, commented, “We are pleased to announce that Airbus and Advent have aligned visions and efforts to achieve hydrogen flight.
  • We are excited to join this multi-year project with Airbus.”

Advent Technologies Receives Richard P. Feynman Innovation Prize for Technology Transfer Excellence from Los Alamos National Laboratory

Retrieved on: 
Thursday, August 31, 2023

Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that it has received the esteemed Richard P. Feynman Innovation Prize for Technology Transfer Excellence from the U.S. Department of Energy’s Los Alamos National Laboratory.

Key Points: 
  • Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that it has received the esteemed Richard P. Feynman Innovation Prize for Technology Transfer Excellence from the U.S. Department of Energy’s Los Alamos National Laboratory.
  • The award ceremony took place at the SALA Event Center in Los Alamos on August 30th, featuring Dr. Thom Mason, Director of Los Alamos National Laboratory, as the keynote speaker.
  • Collaborating with esteemed institutions like Los Alamos National Laboratory, Brookhaven National Laboratory, and the National Renewable Energy Laboratory, Advent leverages the program to reach into advanced technology from top-tier U.S. research institutions.
  • Our gratitude extends to the U.S. Department of Energy’s Los Alamos National Laboratory, Brookhaven National Laboratory, and the National Renewable Energy Laboratory for their partnership.

Hyzon Motors Inc., Announces Second Quarter 2023 Financial and Operational Results

Retrieved on: 
Tuesday, August 8, 2023

ROCHESTER, N.Y., Aug. 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), today announced its second quarter 2023 financial and operational results.

Key Points: 
  • ROCHESTER, N.Y., Aug. 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), today announced its second quarter 2023 financial and operational results.
  • By the end of the second quarter, Hyzon had deployed seven vehicles under commercial agreements to customers in 2023; three additional vehicles were deployed subsequent to the quarter end.
  • This followed successful completion and factory acceptance testing of the initial three single-stack 200kW FCS during the first quarter of 2023.
  • The Hyzon management team will host a conference call to discuss its second quarter 2023 financial results on Tuesday, August 8, 2023, at 8:30 a.m. Eastern Time.

HYZON MOTORS INC. ANNOUNCES MILESTONE IN PRODUCTION OF 200KW SINGLE-STACK FUEL CELL SYSTEM

Retrieved on: 
Monday, July 10, 2023

First Nine B-Sample Fuel Cell Systems Successfully Assembled and Tested; On Track to Declare C-Sample in late 2023 and Begin Production in 2024

Key Points: 
  • First Nine B-Sample Fuel Cell Systems Successfully Assembled and Tested; On Track to Declare C-Sample in late 2023 and Begin Production in 2024
    ROCHESTER, N.Y., July 10, 2023 Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced the successful completion and factory acceptance testing of the first nine single-stack 200kW Fuel Cell System (FCS) B-samples at its production and innovation center in Bolingbrook, IL.
  • By achieving this milestone, Hyzon remains on track to declare Start of Production (SOP) and commercialization of its innovative FCS in 2024.
  • The successful completion of testing of Hyzon's nine 200kW FCS B-samples in the first half of 2023 demonstrates consistent progress toward commercial production.
  • This achievement follows the commissioning of Hyzon's proprietary, automated roll-to-roll Membrane Electrode Assembly (MEA) production line including in-line inspection and the installation of its single cell and fully automated fuel cell stack manufacturing lines.

Hyzon Motors, Inc. Announces First Quarter 2023 Financial and Operational Results

Retrieved on: 
Thursday, June 8, 2023

ROCHESTER, N.Y., June 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), announced its first quarter 2023 financial results and provided a business update.

Key Points: 
  • ROCHESTER, N.Y., June 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), announced its first quarter 2023 financial results and provided a business update.
  • During the first quarter of 2023, net loss was $30.3 million, EBITDA was $(29.3) million and adjusted EBITDA was $(27.3) million.
  • Reported unrestricted cash, cash equivalents, and short-term investments of $209.0 million as of March 31, 2023, and approximately $185 million as of May 31, 2023.
  • These non-GAAP financial measures have been reconciled to the nearest GAAP measure in the tables under "Non-GAAP Financial Measures" within this press release.