STOCK TITAN

FIRST HYDROGEN CORP - FHYDF STOCK NEWS

Welcome to our dedicated page for FIRST HYDROGEN news (Ticker: FHYDF), a resource for investors and traders seeking the latest updates and insights on FIRST HYDROGEN stock.

First Hydrogen Corp., also known as FIRST HYDROGEN, is a Vancouver, Montreal, and London-based company focusing on zero-emission vehicles, green hydrogen production, and distribution. The company has partnered with AVL Powertrain and Ballard Power Systems Inc. to design and build hydrogen-fuel-cell-powered light commercial vehicles (FCEVs) with a range of over 630 kilometers. First Hydrogen is actively trialing these vehicles with fleet operators in the United Kingdom and is in the process of developing a 35MW green hydrogen production facility and vehicle assembly factory in Shawinigan, Quebec. The company recently completed a successful trial with Amazon, showcasing the performance and efficiency of its FCEVs in real-world conditions, leading to plans for expansion into Europe and North America.

Rhea-AI Summary
First Hydrogen Corp. reports positive feedback on its hydrogen-fuel-cell-powered delivery van from SSE PLC. The van has been praised for its range, drivability, and environmental impact. SSE drivers highlight its smoothness and ability to recharge its battery during use.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.04%
Tags
none
-
Rhea-AI Summary
First Hydrogen Corp. has signed a feasibility study agreement with Sacré-Davey for the development of a 35MW green hydrogen production facility and vehicle assembly factory in Shawinigan, Quebec. The facility will supply the Company's hydrogen-fuel-cell-powered vehicles (FCEV) and other hydrogen-fueled vehicles in the region. The planned FCEV assembly factory will have an annual production capacity of 25,000 vehicles and will create green technology jobs. The green hydrogen market is projected to reach USD 7,314 million by 2027, growing at a CAGR of 61% from 2022 to 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.04%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.02%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.86%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.65%
Tags
-
Rhea-AI Summary
First Hydrogen Corp. has entered into a letter of intent with the Université du Québec à Trois-Rivières (UQTR) - Hydrogen Research Institute (HRI) to establish sustainable energy transition development in Quebec. The company will provide a hybrid fuel cell power train to HRI for testing and data collection. They will also collaborate on a training program for engineers and technicians. First Hydrogen recently purchased land to produce green hydrogen and assemble vehicles in Shawinigan. The partnership aims to drive innovation in hydrogen fuel cell technology and solidify Quebec's position as a leader in the field.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
partnership
Rhea-AI Summary

First Hydrogen Corp. has appointed Carlo Alberto D'Amicis as the new Chief Financial Officer of First Hydrogen Limited to aid in its growth within the automotive and energy sectors. D'Amicis, previously with RHI Magnesita, brings extensive experience in corporate finance and mergers. His role will focus on delivering hydrogen-powered light commercial vehicles and establishing green hydrogen production sites. The company is advancing toward zero-emission transport solutions, aligning with increasing governmental and investor interest in hydrogen technology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of FIRST HYDROGEN (FHYDF)?

The current stock price of FIRST HYDROGEN (FHYDF) is $0.29765 as of October 15, 2024.

What is the market cap of FIRST HYDROGEN (FHYDF)?

The market cap of FIRST HYDROGEN (FHYDF) is approximately 21.4M.

What is First Hydrogen Corp. focused on?

First Hydrogen Corp. is focused on zero-emission vehicles, green hydrogen production, and distribution.

What are some of the key partnerships of First Hydrogen Corp.?

First Hydrogen Corp. has partnered with AVL Powertrain and Ballard Power Systems Inc. to design and build hydrogen-fuel-cell-powered light commercial vehicles (FCEVs).

Where are the hydrogen-fuel-cell-powered vehicles being trialed?

The vehicles are being trialed with fleet operators in the United Kingdom.

What plans does First Hydrogen Corp. have for expansion?

First Hydrogen Corp. plans to expand its trials to Europe and North America after showcasing the success of its FCEVs in real-world conditions.

What is the range of the hydrogen-fuel-cell-powered light commercial vehicles?

The FCEVs have a range of over 630 kilometers, making them suitable for various commercial applications.

FIRST HYDROGEN CORP

OTC:FHYDF

FHYDF Rankings

FHYDF Stock Data

21.40M
69.91M
3.42%
0.01%
Auto Manufacturers
Consumer Cyclical
Link
United States of America
Vancouver