First Hydrogen Corp (TSE:FHYD) has released an update.
First Hydrogen Corp. has embarked on a month-long trial in London with their hydrogen-fuel-cell-powered vehicle, engaging with a global logistics company to test the vehicle’s capabilities for heavy-duty parcel delivery. The trials aim to showcase the advantages of hydrogen technology in reducing emissions and improving energy efficiency for the booming parcel delivery market, which is expected to exceed $210 billion by 2032. The company’s vehicle has shown promise in prior tests, operating up to 7 hours a day and demonstrating a range of 400 miles, indicating its suitability for demanding delivery tasks.
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