Linde and Daimler Truck to Collaborate on Hydrogen Refueling Technology

Rhea-AI Summary

Linde (NYSE:LIN) has partnered with Daimler Truck AG to innovate hydrogen refueling technology for fuel cell-heavy vehicles. This collaboration focuses on developing fueling technology utilizing subcooled liquid hydrogen (sLH₂), enhancing on-board capacity, range, and energy efficiency. The prototype for the Mercedes-Benz GenH2 Truck, capable of exceeding 1,000 kilometers, is set for its initial refueling in Germany by 2023. Linde's extensive hydrogen capabilities position it as a leader in the transition to clean hydrogen, with nearly 200 fueling stations globally.

Positive

• Strategic collaboration with Daimler Truck AG enhances Linde's position in hydrogen refueling technology.
• Development of subcooled liquid hydrogen (sLH2) expected to provide greater range and energy efficiency for fuel cell trucks.
• First refueling of a prototype vehicle planned in 2023, potentially advancing commercialization of hydrogen-powered heavy-duty vehicles.
• Linde leads the hydrogen market with the largest liquid hydrogen capacity and extensive distribution network.
• Collaboration may boost industry acceptance of hydrogen fuel cell technology in commercial vehicles.

Negative

• None.

GUILDFORD, UK / ACCESSWIRE / December 10, 2020 / Linde (NYSE:LIN)(FWB:LIN) has signed an agreement with Daimler Truck AG, one of the world's largest manufacturers of commercial vehicles, to jointly develop the next generation of hydrogen refueling technology for fuel cell-powered heavy-duty vehicles.

Together, the companies will develop fueling technology based on subcooled liquid hydrogen (sLH₂), which allows for higher on-board capacity, greater range, faster refueling and superior energy efficiency. The new fueling process will be implemented in the series version of the Mercedes-Benz GenH2 Truck, which was unveiled in September 2020 as a concept vehicle, and will have a range of more than 1,000 kilometers. The companies plan for the first refueling of a prototype vehicle at a pilot station to take place in Germany in 2023.

"We at Daimler Truck AG are pursuing the vision of the CO₂-neutral transportation of the future," said Sven Ennerst, Member of the Board of Management of Daimler Truck AG for Development, Procurement and the China Region. "The hydrogen-based fuel cell is a key technology of strategic importance in this context. With our collaboration with Linde as an expert in hydrogen refueling technology, we want to increase the viability and acceptance in the industry of fuel cell trucks on the basis of hydrogen. The new process can further enhance the numerous advantages that liquid hydrogen offers."

"As a pioneer in hydrogen refueling technologies, and one of the largest players in the hydrogen market, we are pleased to contribute to the advancement of the hydrogen economy with this important milestone," said David Burns, Head of Clean Hydrogen, Linde. "Together with Daimler Truck AG, the industry-leader in commercial vehicles, we expect the use of hydrogen-powered, heavy-duty trucks to be a reality in the very near future."

Linde is a global leader in the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system in the world. The company also operates the world's first high-purity hydrogen storage cavern, coupled with an unrivaled pipeline network of approximately 1,000 kilometers to reliably supply its customers. Linde is at the forefront in the transition to clean hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide. The company offers the latest electrolysis technology through its newly formed joint venture ITM Linde Electrolysis GmbH.

About Linde
Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com.

Contacts: Linde
Investor Relations Juan Pelaez Phone: +1 203 837 2213 Email: juan.pelaez@linde.com	Media Relations Anna Davies Phone: +44 1483 244705 Email: anna.davies@linde.com

SOURCE: Linde plc via EQS Newswire

View source version on accesswire.com:
https://www.accesswire.com/620370/Linde-and-Daimler-Truck-to-Collaborate-on-Hydrogen-Refueling-Technology

FAQ

What is the agreement between Linde and Daimler Truck AG?

Linde and Daimler Truck AG have agreed to jointly develop hydrogen refueling technology for fuel cell-powered heavy-duty vehicles.

What technology will Linde and Daimler develop?

They will focus on fueling technology based on subcooled liquid hydrogen (sLH2) to enhance vehicle performance.

When is the first prototype refueling scheduled?

The first refueling of a prototype vehicle is planned for 2023 in Germany.

What advantages does the new hydrogen refueling technology offer?

The technology offers higher on-board capacity, greater range, faster refueling, and improved energy efficiency for hydrogen-powered vehicles.

How is Linde positioned in the hydrogen market?

Linde is a global leader in hydrogen production and distribution, operating nearly 200 fueling stations and holding the largest liquid hydrogen capacity.