Zoomlion Delivers First Fully Autonomous Skid-Mounted Hydrogen Refueling Station, Accelerating Green Transportation Development

Rhea-AI Summary

Zoomlion Heavy Industry Science & Technology Co., (ZLIOY) has delivered its first fully autonomous skid-mounted hydrogen refueling station to China Huadian 's hydrogen heavy truck project in Inner Mongolia. This marks a significant breakthrough in hydrogen energy equipment manufacturing and green transportation development. The station features large displacement up to 1,000Nm³/h, low energy consumption below 0.8kWh/kg, and easy maintenance.

Zoomlion's third-generation hydrogen compressor, the core of the refueling station, integrates advanced technologies and achieves high-pressure, high-temperature, oil-free lubrication. The company has made significant progress in lithium battery and hydrogen fuel technologies, developing China's first 45MPa hydrogen liquid drive piston compressor. Zoomlion has also created two heavy-duty chassis for pure electric and hydrogen power vehicles, with over 80% of new energy core components developed in-house.

Positive

• Delivered first fully autonomous skid-mounted hydrogen refueling station, showcasing technological leadership
• Achieved high displacement (1,000Nm³/h) and low energy consumption (below 0.8kWh/kg) in hydrogen refueling technology
• Developed China's first 45MPa hydrogen liquid drive piston compressor with complete intellectual property rights
• Over 80% of new energy core components are independently developed by Zoomlion
• Comprehensive product lineup spanning all categories of new energy equipment

Negative

• None.

CHANGSHA, China, Aug. 29, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 01157.HK) has delivered the first unit of fully autonomous skid-mounted hydrogen refueling station to the hydrogen heavy truck project by China Huadian Corporation Ltd. in the Inner Mongolia Autonomous Region, marking an important breakthrough in the field of hydrogen energy equipment manufacturing and advancing the development of hydrogen energy transportation.

The hydrogen refueling station boasts the advantages of large displacement, low energy consumption, and easy maintenance. It achieves hydrogen displacement up to 1,000Nm³/h with integrated energy consumption lower than 0.8kWh/kg.

Zoomlion's hydrogen compressor, the core equipment of the refueling station, combines the group's expertise in hydraulics and advanced manufacturing processes. It is now the third-generation iteration that achieves high-pressure, high-temperature, oil-free lubrication of cylinder pistons as well as two-stage frequency boosting, successfully integrating the hydrogen refueling ecosystem chain of "skid station, compressor, and liquid drive pump."

Zoomlion is dedicated to advancing independent R&D in new energy core components, achieving significant breakthroughs in lithium battery and hydrogen fuel technologies. This focus ensures comprehensive integration across all aspects of the production chain, from spare parts to whole vehicles, and from hardware to software.

In terms of core components for hydrogen energy products, Zoomlion has integrated a complete whole-chain solution covering hydrogen refueling, storage, transportation, combustion, power and vehicle, paving a technical path that complements lithium energy development. It has developed China's first 45MPa hydrogen liquid drive piston compressor with complete intellectual property rights.

In addition, Zoomlion has developed two heavy-duty chassis of pure electric and hydrogen power; the hydrogen fuel chassis is equipped with its self-developed fuel cell system, on-board hydrogen storage system and more, with over 80 percent of the new energy core components independently developed by Zoomlion.

Zoomlion's new energy equipment lineup spans all categories, catering to a diverse array of application scenarios. The company's comprehensive strategy in developing core components and hydrogen equipment is accelerating industry growth and establishing a solid foundation of core competitiveness. This foundational strength is pivotal for the future development of the industry chain.

Zoomlion is implementing a green transformation roadmap, aiming to create world-class, eco-friendly products and solutions. By advancing our research and development and enhancing green design, manufacturing, management, and standards, the company is committed to leading the industry's transformation and upgrade through technological innovation.

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SOURCE Zoomlion

FAQ

What is the significance of Zoomlion's new hydrogen refueling station for ZLIOY stock?

The delivery of Zoomlion's first fully autonomous skid-mounted hydrogen refueling station demonstrates the company's technological leadership in green energy solutions, potentially boosting ZLIOY stock by positioning the company at the forefront of the hydrogen energy market.

What are the key performance metrics of Zoomlion's hydrogen refueling station?

Zoomlion's hydrogen refueling station achieves a high displacement of up to 1,000Nm³/h with integrated energy consumption lower than 0.8kWh/kg, showcasing its efficiency and advanced capabilities.

How much of Zoomlion's new energy core components are developed in-house?

Over 80% of Zoomlion's new energy core components are independently developed by the company, demonstrating a high level of technological self-reliance and innovation.

What unique hydrogen technology has Zoomlion developed?

Zoomlion has developed China's first 45MPa hydrogen liquid drive piston compressor with complete intellectual property rights, showcasing its innovation in hydrogen energy technology.