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Air Liquide and startup STNE partner for the development of hydrogen mobility in China

Air Liquide and the Chinese startup STNE (Shanghai Sinotran New Energy Automobile Operation CO., LTD.), have signed a partnership agreement to accelerate the rollout of hydrogen-powered electric truck fleets in China.

Air Liquide is acquiring a minority stake of around €10 million (US$12 million) in STNE, a hydrogen logistics platform designed for urban deliveries of goods, which currently operates a hydrogen station in Shanghai and a fleet of 500 hydrogen-powered trucks.

As part of this agreement, Air Liquide will provide STNE with its expertise in the entire hydrogen supply chain, from production and storage to distribution, to accelerate the startup’s development.

STNE aims to run a fleet of up to 7,500 trucks and to operate a network of around 25 hydrogen stations by 2020.

Comments

HarveyD

It is simply amazing how fast a rather small start up (with the help of Air Liquid) can build up a fleet of 7,500 FC trucks supported with 25 H2 stations by 2020 in China.

Another 10+ FC fleets and supporting H2 stations will probably appear in other parts of China in about the same time frame?

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