Australian hydrogen fuel cell vehicle manufacturer H2X Global has this week announced a new joint venture with India-based Advik Hi-Tech in order to ramp up the production of vehicles for worldwide distribution.
The Indian-Australian joint venture, called Advik H2X, will produce hydrogen projects in India and was announced at the Delhi Auto Components 2023 Expo.
H2X Global, founded by CEO Brendan Norman, says the partnership signals a ‘major step forward in the production of hydrogen powered vehicles and support products for the global market’.
Advik H2X will be based in India and will develop H2X Global-designed vehicles and components, including hydrogen fuel cell generators, trucks, buses and light commercials for clients around the globe.
According to Norman, the first products manufactured by the joint venture company will roll off the production line in the second half of 2023.
“This is a major step forward in the development of the hydrogen economy in India,” Norman said.
“Already the demand for hydrogen and non-fossil fuel-based vehicles and support products is exceeding demand. We aim to fill that gap.”
Registered as a business in 2021, H2X is the culmination of CEO Brendan Norman’s journey in car manufacturing to date, an industry he has worked in since the early 1990s.
The company has already found early success, having raised $10 million in capital to kickstart the business early in its journey and has secured more than $50 million in pre-orders from early adopters for its hydrogen fuel cell-powered Warrego ute.
H2X Global is also currently developing several customer delivery programs for its fuel cell generators and vehicles in Europe, Australia and South-East Asia.
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