Loop Energy to deliver additional fuel cell systems for hydrogen-electric city bus platform

Loop Energy (Vancouver, British Columbia) announces that Mobility & Innovation Production s. r. o. (M&I, Potôn, Slovakia), responsible for the development of composite zero-emission city bus platforms, has purchased an additional 10 fuel cell systems to meet the growing demand for its hydrogen-electric city bus. The order sees Loop Energy progress to the Scale-Up Phase with a second bus manufacturer.

Upon delivery of the additional S300 (30-kilowatt) fuel cell systems, Loop Energy will aim to support M&I in increasing the production of its 8-meter city bus and monitor operational performance. Previously, the two companies partnered to develop the prototype bus, complete field testing and achieve EU homologation.

Following the launch in March 2022, M&I showcased the bus across various European markets. Throughout the tour, the bus reportedly demonstrated increased fuel efficiency, enabling it to achieve further range with less onboard fuel storage. This has been a standout feature for fleet operators looking for a zero-emissions solution to electrify transit bus fleets.

“We now have the opportunity to deliver our hydrogen-electric city bus to some of Europe’s largest and most progressive markets for hydrogen-electric vehicles,” Mobility & Innovation Co-Owner and CEO, János Onódi, says. “We offer a solution to decarbonizing urban transit, and with Loop Energy’s technology and support, we hope to deploy our buses in cities around Europe in the near future.”

According to Loop Energy Chief Commercial Officer (CCO), George Rubin, “the accelerated growth in order volume for our fuel cell engines is a direct reflection of rapid expansion of demand for hydrogen-electric vehicles in our core markets.”

M&I’s progression to the Scale-Up Phase builds upon Loop Energy’s recent success of entering the Full Production Phase with Tevva Motors (London, U.K.) after finalizing a multi-year fuel cell supply agreement with delivery commitments in excess of $12 million. Due to the accelerated adoption of its technology and the strong growth of its customers, Loop Energy says it will provide an update on its purchase order guidance during its Q2 2022 financial results on August 4, 2022.