Plug to Revolutionize Middle-Mile Delivery with Class 6 Fuel Cell Electric Truck Integration
15 Maggio 2024 - 1:00PM
Plug Power Inc. (NASDAQ: PLUG), a global leader in hydrogen
solutions for the green hydrogen economy, has announced its latest
innovation: the integration of a Class 6, medium-duty fuel cell
electric truck. The integration involves a commercial Class 6
chassis cab with an industry proven electric propulsion system
powered by Plug’s cutting-edge ProGen fuel cell technology and
seamlessly integrated with an industry proven electric propulsion
system.
Fuel Cell Electric Vehicles (FCEVs) are powered
by hydrogen and are more efficient than conventional internal
combustion engine vehicles. Plug's ProGen technology generates no
harmful tailpipe emissions, emitting only water vapor and warm
air.
Designed specifically for middle-mile
deliveries, this vehicle is engineered for unprecedented range
benchmarks of up to 500 miles, a significant advantage compared to
battery electric vehicles. This extended range not only enhances
operational efficiency but also reduces the need for frequent
downtime associated with battery recharging, resulting in saved
time and resources.
Beyond its extended range tailored for optimal
payload capacity crucial to middle-mile deliveries, this vehicle
distinguishes itself from many other heavy-duty counterparts by not
requiring a commercial driver's license (CDL) for operation,
offering a more accessible solution for adoption in operations.
“Plug continues to lead charge in developing and
deploying hydrogen fuel cell solutions for electric vehicle
platforms," said Plug CEO Andy Marsh. “Our ProGen engine, built on
decades of operational experience, offers unmatched benefits for
middle-mile delivery—range, rapid fueling, cargo volume
optimization, and higher power densities.”
The product is currently in its final
integration and testing phase and is expected to commence on-road
operational pilots this summer in collaboration with Plug’s key
market leader logistics customers. This next phase will provide
valuable real-world data and feedback, further optimizing the
truck's performance for commercial deployment.
To learn more about Plug’s ProGen engine, visit:
https://www.plugpower.com/fuel-cell-power/progen/
About Plug
Plug is building an end-to-end green hydrogen ecosystem, from
production, storage, and delivery to energy generation, to help its
customers meet their business goals and decarbonize the economy. In
creating the first commercially viable market for hydrogen fuel
cell technology, the company has deployed more than 69,000 fuel
cell systems and over 250 fueling stations, more than anyone else
in the world, and is the largest buyer of liquid hydrogen.
With plans to operate a green hydrogen highway across North
America and Europe, Plug built a state-of-the-art Gigafactory to
produce electrolyzers and fuel cells and is developing multiple
green hydrogen production plants targeting commercial operation by
year-end 2028. Plug delivers its green hydrogen solutions directly
to its customers and through joint venture partners into multiple
environments, including material handling, e-mobility, power
generation, and industrial applications.
For more information, visit www.plugpower.com.
Plug Power Safe Harbor StatementThis
communication contains “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995
that involve significant risks and uncertainties about Plug Power
Inc. (“Plug”), including but not limited to statements about:
Plug’s expectations regarding the final integration and testing
phase of its Class 6, medium-duty fuel cell electric truck,
including the timing of commencement of on-road operational pilots,
and Plug’s expectations regarding the truck’s optimization for
commercial deployment. Such statements are subject to risks and
uncertainties that could cause actual performance or results to
differ materially from those expressed in these statements. For a
further description of the risks and uncertainties that could cause
actual results to differ from those expressed in these
forward-looking statements, as well as risks relating to the
business of Plug in general, see Plug’s public filings with the
Securities and Exchange Commission (the “SEC”), including the “Risk
Factors” section of Plug’s Annual Report on Form 10-K for the year
ended December 31, 2023, Plug’s Quarterly Report on Form 10-Q for
the quarter ended March 31, 2024 and any subsequent filings with
the SEC. Readers are cautioned not to place undue reliance on these
forward-looking statements. The forward-looking statements are made
as of the date hereof, and Plug undertakes no obligation to update
such statements as a result of new information.
Plug Media ContactFatimah
NouilatiAllisonPlugPR@allisonworldwide.com
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