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Shanghai Hydrogen Propulsion Technology and Sydrogen Energy enter into astrategic partnership for the worldwide market and new purposes improvement of gas cell know-how.
Shanghai Hydrogen Propulsion Technology Co., Ltd (“SHPT”) and Sydrogen Energy Pte. Ltd. (“Sydrogen”) (hereinafter, the “Parties”) have signed a strategic cooperation settlement on the premises of SHPT.
Dr Shi Xu, Chairman of Nanofilm Technologies International Limited(“Nanofilm”) and Sydrogen, and Mr Lu Bingbing, General Manager of SHPT, signed the settlement on behalf of each events, witnessed by Mr Gary Ho, CEO of Nanofilm and Mr Lu Zuming, General Manager of Sydrogen in China.
According to the settlement, each events will capitalize on their respective technical benefits, advertising and marketing channels and after-sales service sources to additional improve market penetration into Southeast Asia, Europe, and America, and collectively develop the gross sales and companies of gas cell stacks, programs and parts, offering in-depth companies and aggressive options to fulfill the varied wants of shoppers’ in numerous fields equivalent to on-road automotive and non-automotive purposes.
Nanofilm is a deep-tech firm and the main supplier of nanotechnology options in Asia. The firm makes a speciality of superior supplies, nanoproducts commercialization of key market purposes and merchandise in numerous markets and industries. Located in Singapore, its international headquarters is the strategic base and main R&D heart of core applied sciences.
Sydrogen is a three way partnership between Nanofilm and Temasek Holdings. With its distinctive coating know-how, Sydrogen develops and produces metallic bipolar plates with glorious ion-leaching prevention properties, which allows the gas cell to resist demanding working situations, and helps to maximise the lifespan and efficiency of the gas cell system.
This product has handed the technical check and is licensed by SHPT. Sydrogen will act as a strategic associate to produce parts to help SHPT in delivering high-quality gas cell efficiency stacks merchandise. Sydrogen has a workforce of skilled worldwide engineering and technical consultants, with system integration and software capabilities of hydrogen power merchandise, and that conduct R&D and the system software of core parts.
At the settlement signing ceremony, Dr Shi Xu stated that the strategic partnership between Sydrogen and SPHT is a crucial milestone. Based on the wonderful efficiency of SHPT’s high-tech gas cell merchandise and Sydrogen’s worldwide attain, each events will be capable to penetrate new markets, develop new product purposes and promote the usage of hydrogen know-how on this planet for mutual profit.
Mr Lu Zuming added that Sydrogen and SHPT have beforehand partnered within the fastened energy era undertaking in Singapore. Sydrogen seems to be ahead to help SHPT in additional creating gas cell programs with glorious high quality, efficiency and price effectivity.
Both events may also deal with different purposes equivalent to gas cell autos, off-grid stationary energy era, ship engine programs, hydrogen power storage programs, and hydrogen power energy era programs, in addition to market improvement in Southeast Asia and Europe.
As a number one high-tech enterprise within the gas cells trade in China, SHPT has established built-in and impartial R&D and mass manufacturing capabilities for membrane electrodes, gas cell stacks, gas cell programs, and car energy system integration and adaptation.
These merchandise are extensively utilized in passenger automobiles, city buses, group buses, gentle vans, medium and heavy vans, and many others. Commercialization and product roll-out is being facilitated in 21 cities and 15 provinces in China, together with Shanghai, Beijing, Guangdong, Jiangsu, Inner Mongolia, and Shaanxi. Furthermore, SHPT can be exploring diversified purposes equivalent to gentle autos, development equipment, forklifts, airport baggage trailers, and distributed energy era.
Mr Lu Bingbing expressed his full confidence on this strategic partnership. He stated that signing settlement with Sydrogen is a superb alternative for SHPT to completely capitalize its confirmed product energy, enterprise mannequin innovation and software expertise.
Both events will additional improve its long-term partnership, worldwide useful resource allocation, and enhance international key account buyer relationships. Besides, each events collectively can present clear, efficiency, value effectivity and multi-dimensional complete options to prospects, in order to attain breakthroughs within the international enterprise of each events.
The strategic partnership between the 2 events has triggered the execution of SHPT’s international advertising and marketing roadmap. This presents alternatives and challenges for SHPT because it embraces its enlargement with an open thoughts and angle as it really works in the direction of a brand new chapter of hydrogen period by establishing a world class hydrogen power firm with value effectivity, international useful resource allocation capabilities, and cutting-edge clear power options.
About SHPT
Founded in 2018, Shanghai Hydrogen Propulsion Technology Co., Ltd upholds the company imaginative and prescient of “hydrogen powers the world, SHPT leads the future” and the mission of accelerating the industrialization of gas cells. As a high-tech enterprise within the discipline of gas cell, SHPT continues to discover the high-quality and sustainable improvement of hydrogen power applied sciences. It is dedicated to offering complete hydrogen power options for various situations and opening a brand new chapter within the period of hydrogen power.
SHPT persists in R&D and scientific & technological innovation, and repeatedly improves its complete energy in R&D innovation, manufacturing, testing, verification, technical companies, and many others. Currently, it has constructed a vertically built-in functionality for R&D and large-scale manufacturing capability in MEA, gas cell stacks and gas cell programs, in addition to powertrain integration and customised software improvement.
SHPT has launched a number of merchandise with automotive customary, superior efficiency, excessive reliability, and adaptableness to environmental range. The merchandise energy vary covers 1.5kW to 260kW, and may meet diversified wants from totally different areas, totally different situations and totally different prospects.
SHPT’s technique for finish consumer is “combined development of commercial vehicles and passenger vehicles”. Its merchandise are extensively utilized in passenger autos, metropolis buses, shuttle buses, light-duty vans, medium-and heavy-duty vans and lots of different car fashions. SHPT has carried out business promotion of gas cell autos in 21 cities in 15 provinces in China, together with Shanghai, Beijing, Guangdong, Jiangsu, Inner Mongolia, Shaanxi, and many others.
At the identical time, SHPT is actively exploring diversified purposes equivalent to light-duty carriers, development equipment, forklifts, airport baggage trailers and distributed energy era. It has additionally actively explored eco-innovation, offering clear, environment friendly, financial and multi-dimensional built-in options for various situations, equivalent to inexperienced power, inexperienced transportation and inexperienced
ports.
SHPT wishes to construct a world-class hydrogen power know-how firm and helps promote China’s power transition and accomplishment of “Carbon Peaking and Carbon Neutrality” technique.
About Sydrogen
Sydrogen Energy Pte. Ltd. is a Joint Venture between Nanofilm Technologies International Limited, a deep tech firm and main supplier of nanotechnology options in Asia, and a wholly-owned subsidiary of Temasek Holdings.
Leveraging on the coating applied sciences and manufacturing capabilities of Nanofilm, Sydrogen develops and manufactures fuel cell parts that are vital in overcoming current limitations in the usage of hydrogen as an power supply. Building off a robust basis of each JV companions, Sydrogen brings to market new revolutionary inexperienced power programs that locations Sydrogen in good stead to help the power transitio
SHANGHAI HYDROGEN PROPULSION TECHNOLOGY AND SYDROGEN ENERGY ENTER INTO A STRATEGIC PARTNERSHIP FOR THE GLOBAL MARKET AND NEW APPLICATIONS DEVELOPMENT OF FUEL CELL TECHNOLOG, August 25, 2023
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