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chart-invests-in-and-signs-commercial-agreement-with-cryomotive-strengthens-its-hydrogen-commitment
chart-invests-in-and-signs-commercial-agreement-with-cryomotive-strengthens-its-hydrogen-commitment

Chart invests in and signs commercial agreement with Cryomotive; strengthens its hydrogen commitment

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Chart Industries has entered into a strategic partnership with Cryomotive, through which it will develop the company’s cryogenic storage and refuelling technology to support the hydrogen station and refuelling market.

Sharing the news today (19th May), Chart said it has also completed a minority invest of €6.5m ($7.9m) in the company.

A green-tech mobility start-up based in Germany, Cryomotive is developing a disruptive clean hydrogen storage and refuelling technology platform focused on compressed cold hydrogen and cryogenic high-pressure storage. 

With its proprietary CcH2 CRYOGAS technology, the company aims to decarbonise long-haul commercial vehicles while keeping the range and fuelling times similar to diesel powered vehicles and reaching parity in costs of ownership before 2030.

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