Hexagon Purus, a leading supplier of zero-emission mobility solutions and important player in the hydrogen ecosystem, has secured €89 million in funding from strategic investors Mitsui, Hy24, and Hexagon Composites.

Hexagon Purus: new funding to meet growing demand in ZE mobility

The funding will enable the company to meet growing demand for its hydrogen infrastructure and mobility and battery electric and vehicle integration solutions. The three investors, which include Hy24 – the first investment manager fully dedicated to scaling up the hydrogen economy – will bring access to knowledge and networks across the hydrogen and mobility value chains.  

The company has recently signed important agreements and strategic partnerships with major companies including Ford Trucks, Daimler and Hino.

Highlights

Related articles

Californian EV maker Lucid to acquire Nikola’s production assets

Nikola's HQs were in Phoenix, Arizona, close to the vehicle production site. More into details, As part of the agreement, Lucid will take over Nikola's former Coolidge manufacturing facility, as well as the Phoenix facility, previously used as Nikola's headquarters and product development center. Al...
News

Cummins launches new line of remanufactured brake callipers

According to Cummins, "the remanufacturing process is more environmentally friendly, as it reduces the need for raw materials and minimises waste". This meticulous approach allows Cummins to deliver high-quality callipers at a lower cost versus new ones, providing significant savings for European fl...
News