Loop Energy announces a collaboration agreement with Hunan CRRC Times Electric Vehicle Co., Ltd. (a subsidiary of CRRC Corporation Ltd.) to develop zero-emission power systems for heavy-duty transportation applications.
The power system to be developed for the initial project will combine Loop’s fuel cell technologies with CRRC’s leading electric drivetrain system to provide a better performing solution for heavy-duty trucks in comparison to traditional diesel engines.
“This agreement with Hunan CRRC Times Electric Vehicle Co. Ltd. is a key step on our commercialization path,” says Ben Nyland, President of Loop Energy. “CRRC’s deep experience with electric drivetrains and components, combined with their ability to rapidly scale production, align perfectly with our deployment plans. End customers will benefit from this collaboration as we lead the path to a variety of economical, zero-emission vehicle solutions.”
“We believe fuel cell electric drive systems are the ultimate solution for new energy vehicles,” says Guo Wei, Vice General Manager of Hunan CRRC Times Electric Vehicle Co. Ltd. "We chose to partner with Loop Energy because their approach provides a clear path to driving down the cost of zero-emission transportation and to making zero-emission transportation commercially viable. “