Proton Motor Power Systems PLC New follow-on order from E-Trucks Europe (0531G)

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RNS Number : 0531G

Proton Motor Power Systems PLC

22 July 2021

 
        22 July 2021 
 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

New follow-on order from E-Trucks Europe

Proton Motor Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, is delighted to announce the receipt of a further order from E-Trucks Europe for seven HyRange 43 Hydrogen Fuel Cell systems to be deployed in refuse collection trucks.

This follows the first order from E-Trucks Europe for five systems which was announced in January 2020.

The E-Trucks Europe vehicles are fully electrified (drive train and waste collector) refuse collection trucks with 136 kWh batteries where the Proton HyRange systems act as range extenders and allow almost continuous daily operation. E-Trucks Europe hydrogen refuse trucks have been deployed in, among others, the cities of Groningen, Best, Breda, Eindhoven and Helmond.

Delivery of this new contract is anticipated over the next 18 months. Additionally, E-Trucks Europe and Proton Motor have entered into a contract to provide maintenance services for the next five years.

Dr. Nahab, CEO of Proton Motor, commented: "We are delighted with this order which, following E-Trucks Europe's initial order for five units, confirms the attraction and reliability of Proton's HyRange extenders in harsh, real life commercial vehicle applications."

Mr. Andre Beukers, CEO of E-Trucks, said: "After the initial deployment of five Proton Motor HyRange units, we are very pleased to continue our co-operation with Proton Motor and be able to offer our customers fully hydrogen-electric refuse collection trucks which can be used 24 hours a day whilst remaining emission free and silent."

For further information:

 
 Proton Motor Power Systems plc 
 Dr Faiz Nahab, CEO 
  Helmut Gierse, Chairman 
  Brendan Bilton, Investor and Business     Tel.: [phone] 
  Relations 
  Sebastian Goldner, COO/CTO                Tel: [phone] 
  Roman Kotlarzewski, CFO 
  Manfred Limbrunner, Director Sales        www.protonmotor-powersystems.com 
  and Marketing                             [e-mail] 
 Shore Capital 
  Nominated adviser and broker 
 Tom Griffiths / David Coaten             Tel: [phone] 
                                           www.shorecap.co.uk 
 

About Proton Motor Fuel Cell GmbH

Proton Motor has more than 20 years of experience in Power Solutions using CleanTech technologies such as hydrogen fuel cells, fuel cell and hybrid systems with a zero carbon footprint. Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source - from the development and production through the implementation of customized solutions. The focus of Proton Motor is on back-to-base, for example, for mobile, marine, stationary and rail solutions applications. The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

Proton Motor serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage.

Proton Motor Fuel Cell GmbH is a wholly owned subsidiary of Proton Motor Power Systems plc. The Company has been quoted on the AIM market of the London Stock Exchange since October 2006 (code: PPS).

About E-Trucks Europe

E-Trucks Europe, founded in 2010, is consistently seeking innovative possibilities for sustainable transportation. E-Trucks Europe produces hydrogen-electric hybrid vehicles that have an electric powertrain, which are therefore quiet and produce no harmful emissions. The integrated hydrogen system, converting hydrogen to electricity, makes it possible to use the vehicles 24 hours a day whilst maintaining a clean environment. E-Trucks Europe develops, builds, sells, rents, services, maintains and repairs hydrogen-electric trucks.

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July 22, 2021 02:00 ET (06:00 GMT)