DGAP-News: First Hydrogen Corp. / Key word(s): Conference
For Immediate Release
Vancouver, B.C., November 8, 2021 - Vancouver, British Columbia - First Hydrogen Corp. ("FIRST HYDROGEN" or the "Company") (TSXV: FHYD) (OTC: FHYDF) (FSE:FIT) is pleased to announce that Nicholas Wrigley, ( Non-Executive Director/Chairman UK) of First Hydrogen Limited (UK) will be guest speaker at Invest Africa's roundtable discussion at the UN Climate Change Conference (COP26) to be held from October 31st thru to November 12th, 2021 in Glasgow, Scotland. Mr. Wrigley is also a VIP guest at the reception to be held by the Department of International Trade (UK) and Formula E to be hosted at the summit in Glasgow.
Ambitious emissions reduction targets for 2030 have been set to achieve the goal of reaching net zero by the middle of the century. Fuel Cell (FC) and hydrogen propulsion are key enablers to support this net-zero future. The partnership between Ballard Power Systems Inc. ("Ballard"), AVL Powertrain UK ("AVL") and First Hydrogen will work together in this partnership for zero-tailpipe emission technology going forward.
The project will develop and build two hydrogen fuel cell powered light commercial demonstrator vans for First Hydrogen that will be road legal and utilized to showcase the capabilities of fuel cell technology in its light commercial vehicles under development. This will provide First Hydrogen with a design and technology platform for future commercialisation.
Work has already started at AVL's Engineering Centre Basildon UK , for delivery in Q3 of 2022. The vehicles will be equipped with the latest generation Ballard FCgen(R)-LCS fuel cell, giving the vehicles a range of more than 500 kilometres.
First Hydrogen has selected AVL because of its established expertise, collaborations, and knowhow. AVL is a strong partner for First Hydrogen in its strategy for hydrogen powered Fuel cell vehicle development. Some 25 UK based engineers in AVL will execute:
Drawing on additional support of 500 fuel cell experts globally, across three purpose-built fuel cell technical centres.
Nicholas Wrigley, Non-Executive Director/Chairman of First Hydrogen Limited:
Dr Bernadette Longridge, Engineering Centre Manager, AVL Powertrain UK:
About First Hydrogen Corp.
About AVL Powertrain Limited
About Ballard Power Systems Inc.
On behalf of the Board of Directors of
Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
The forward-looking statements made in this news release are based on management's assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management's experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen's products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.
The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
08.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
First Hydrogen Corp.
755 Burrard St Suite 440
V6Z 1X6 Vancouver
EQS News ID:
End of News
DGAP News Service