Key Developments

In July 2023, SFC Energy and FCTecNrgy Pvt. Ltd. joined forces to launch a hydrogen and methanol fuel cell manufacturing unit in India, contributing to a climate-friendly economy and local clean energy production
In May 2023, Hyundai Motor Company made strides by commercializing its new XCIENT fuel cell tractor for the North American commercial vehicle market, bolstering its position in the region
In January 2023, initiating research activities, Cochin Shipyard Limited is working on a hydrogen-fueled electric vessel based on low-temperature proton exchange membrane technology
In January 2023, Advent Technologies collaborated with Alfa Laval to explore high-temperature proton exchange membrane fuel cell applications in marine settings
In 2023, Ballard and First Mode collaborated to provide hydrogen fuel cell modules for zero-emission mining trucks. Plug Power expanded its GenKey offering, involving low-cost green hydrogen, innovative fuel delivery, and storage solutions. The company also introduced the GenDrive fuel cell system for electric lift trucks, aiming to enhance productivity and reduce operational costs in warehouses and distribution centers.