FirstElement Fuel Inc. has received $24m of funding from Air Liquide and Hy Solution, Inc., a US-based subsidiary of Mitsui Group.
FirstElement Fuel’s retail hydrogen network is currently the largest globally. The new capital will further help expand its capacity from the ability to serve 7,000 fuel cell electric vehicles to more than 28,000.
Air Liquide and Hy Solution will each provide $12m for the developments.
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