FIRST HYDROGEN CORP - FHYDF STOCK NEWS

First Hydrogen Corp. (TSXV:FHYD) announced that its two fuel cell-powered light commercial demonstrator vehicles are on track for operational testing by next month. Built in collaboration with AVL Powertrain UK and equipped with Ballard Power Systems' fuel cells, these vehicles are expected to be road-legal by September 2022. Operational trials will involve major fleet operators to enhance product development. The vehicles promise over 500 km of range compared to 115 km for traditional EVs, with a refueling time of approximately five minutes.

First Hydrogen Corp. (FHYDF) has appointed Stephen Pendrey as Chief Engineer for its Automotive division, enhancing its UK technical team. With over 35 years in automotive product development, Pendrey has worked with major companies like Jaguar Land Rover and Daimler Trucks. His leadership aims to accelerate the development of zero-emission utility vehicles and mass-manufactured fuel cell electric vehicles (FCEVs). Road testing for demonstrator vehicles is set to begin soon, showcasing First Hydrogen's commitment to innovative transportation solutions.

First Hydrogen Corp. is advancing its Energy Division with a detailed strategy for green hydrogen production in the UK and Canada. The company has identified four industrial sites across the UK to establish large refueling stations and hydrogen production sites, aiming for a total capacity between 80 MW and 160 MW. Discussions with landowners and engineering consultants are underway. The initiative aligns with the UK’s goal for 10 GW of domestic hydrogen production, aiding in securing government financial support. A green hydrogen van is set to undergo testing in June 2022.

First Hydrogen Corp. (TSXV:FHYD, OTC PINK:FHYDF) announced progress on its two hydrogen fuel cell electric vehicle (FCEV) demonstrators in partnership with Ballard Power Systems and AVL Powertrain. Located at AVL's UK headquarters, one vehicle is undergoing design assessments for hydrogen fuel cell integration, while the second focuses on control systems. The first fuel cell stack has been constructed and shipped to Austria for optimization, targeting road testing by June 2022, and final delivery by September 2022. The company is also developing green hydrogen production projects, highlighting its commitment to zero-emission vehicles.

First Hydrogen Corp. has launched First Hydrogen Energy to focus on green hydrogen production and distribution. The new division aims to secure fixed-price green hydrogen for automotive customers by developing 25 MW production sites in the UK, Italy, Germany, and Canada. Key advisors from Ballard Power and INEOS have joined the team. The initiative aligns with global energy transition efforts towards zero-emission technologies. First Hydrogen is also engaged in developing a hydrogen-fuel-cell-powered commercial vehicle with AVL Powertrain and Ballard Power Systems.

First Hydrogen Corp. has appointed Dr. Peter Williams as a Non-Executive Director of its UK subsidiary, enhancing its focus on hydrogen-fuelled vehicles and green hydrogen production. With over 40 years in the industry, including roles at INEOS and BP, Williams is expected to contribute significantly to the development of zero-emissions transportation solutions. This leadership change aligns with First Hydrogen's strategy to grow its commercial fleet and refueling capabilities.

First Hydrogen Corp. has announced a 5-year Research and Collaboration Agreement with the University of Cambridge to develop hydrogen-related technologies. The partnership aims to enhance the hydrogen economy, particularly in automotive applications, through an AI software tool that will analyze hydrogen usage data. This project is expected to create additional revenue streams and provide First Hydrogen with a competitive data advantage. Notable figures include a hydrogen-fuel-cell-powered vehicle design with a 500+ km range, marking a significant step toward the company's goals in zero-emission vehicle technology.

First Hydrogen Corp. has appointed Nicholas Wrigley as Chairman and director of First Hydrogen UK Limited. Wrigley, founder of Winch Energy Group, has overseen the successful development of over 300 MW of solar plants and has extensive experience in renewable energy. He will manage the development of hydrogen fuel cell light commercial vehicles and hydrogen refueling stations. This follows the recent appointments of Steve Gill as CEO of the automotive division and Robert Campbell as non-executive director, further strengthening the leadership team.