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Hydrogen Truck Initiatives

CMIC is Pushing Toward a Hydrogen Truck Leasing Platform in China

— July 27, 2022 — Autos
'CMIC,' the energy solutions company, is working with 'Shenzhen Intelligent Hydrogen Industry Co.' to create a hydrogen truck leasing platform in China. CMIC believes that hydrogen is a valuable asset in the mobility industry of the future. As such, the company is investing heavily in the hydrogen value chain while it pushed toward scaling hydrogen-powered transport, beginning with the Chinese market.

Through its partnership with the Shenzhen Intelligent Hydrogen Industry, CMIC will combine the technologies of both companies to create efficient hydrogen-fueled trucks for industrial purposes. The logistics of the service will be handled by CMIC's management platform, resulting in a cohesive hydrogen-powered vehicle ecosystem in the region. CMIC will also establish hydrogen refueling stations, truck equipment bases, and more in order to support the vehicle ecosystem.

Image Credit: Shutterstock
Trend Themes
1. Hydrogen-powered Trucks - The push toward scaling hydrogen-powered transport in China presents an opportunity for companies to innovate in manufacturing and marketing ultra-low emission hydrogen fuel cell vehicles.
2. Hydrogen Fuel Cell Technology - Investing in hydrogen value chain innovation and developing new hydrogen fuel cell technologies present opportunities for companies looking to capitalize on the future of the global energy industry.
3. Hydrogen Refueling Infrastructure - Establishing hydrogen refueling stations, truck equipment bases, and an efficient logistics management platform can create a cohesive hydrogen-powered vehicle ecosystem for companies to gain market share in the logistics industry.
Industry Implications
1. Energy Solutions - Companies in the energy solutions industry can leverage their expertise to enter the hydrogen value chain and tap into the growth of the hydrogen-powered vehicle market.
2. Logistics - As the infrastructure for hydrogen-powered vehicles is being established, logistics companies have the opportunity to lead the charge in transportation and logistics innovation using sustainable and scalable hydrogen technology.
3. Manufacturing - Manufacturers can collaborate with companies like CMIC and Shenzhen Intelligent Hydrogen Industry to create efficient hydrogen fuel cell technologies that can be used in a variety of industrial and commercial applications, setting themselves apart from competitors in the traditional internal combustion engine vehicle market.
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