Loop Energy and Mobility & Innovation advance to commercial scale-up phase
The order sees Loop Energy progress to the Scale-Up Phase with a second bus manufacturer.
Loop EnergyTM announces Mobility & Innovation (M&I) has purchased an additional ten fuel cell systems to meet the growing demand for its hydrogen-electric city bus.
Upon delivery of the additional S300 (30 kW) fuel cell systems, Loop Energy will aim to support M&I in increasing the production of its 8-metre city bus and monitor operational performance. Previously, the two companies partnered to develop the prototype bus, complete field testing and achieve EU homologation.
Following its launch in March 2022, M&I showcased the bus across various European markets. The bus demonstrated increased fuel efficiency throughout the tour, allowing 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,” said
János Onódi, Mobility & Innovation Co-Owner and CEO, said, “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.”
George Rubin, Loop Energy Chief Commercial Officer, said, “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 after finalizing a multi-year fuel cell supply agreement with delivery commitments in excess of US$12 million.