Fuel cell developer Proton Power Systems has signed a joint venture agreement to establish a new company focussed on building heavy duty trucks powered by hydrogen (H2) fuel cells.
Hamburg-based Clean Logistics will be owned equally by Proton (33.33%), private holding company Höpen (33.33%) and modular transport service provider Hary.
The joint venture will focus on the development, design, construction and sale of heavy duty trucks driven by emission free fuel cell hybrid systems.
The three companies have applied for financial aid from the federal programmes of alternative fuels and clean transportation to take the venutre through its prototype development stage during 2019 and is seeking additional funding to be used to support orders of up to 1,000 vehicles by the end of 2021.
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