Hexagon Purus has entered into a four-year supply agreement with CaetanoBus as their preferred supplier of hydrogen fuel systems for serially produced fuel-cell transit buses.
Hexagon Purus is already a supplier to CaetanoBus and has delivered several hydrogen fuel systems. This agreement further formalizes and cements the relationship between the two partners.
The hydrogen fuel systems will be supplied from Hexagon Purus’ facility in Kassel, Germany. The estimated potential value over the lifetime of the frame agreement is approximately EUR 35 million (approximately NOK 350 million).
Patricia Vasconcelos, CEO of CaetanoBus, said, “We are happy to have Hexagon Purus onboard the team as a reliable partner and supplier of hydrogen fuel storage systems for serial production of our fuel-cell transit buses.”
Michael Kleschinski, EVP of Hexagon Purus, said, “Becoming the preferred supplier of hydrogen fuel systems for CaetanoBus’ transit buses highlights our strong market position with European bus OEMs.”
Takafumi Kasai, GM at Mitsui, said, “More specifically, it is a true joy that we can contribute to further business expansion between two leading zero-emission players: Hexagon Purus and CateanoBus.”