2023-03-16 07:56:06 ET
- Ideanomics ( NASDAQ: IDEX ) has been selected as a partner to build five hydrogen-powered, zero-emission transit vans for the Rochester-Genesee Regional Transportation Authority (RGRTA).
- Under the terms of the agreement, Fenton Mobility will deliver a pilot hydrogen fuel cell battery electric-powered high-headroom van to the transit authority.
- Production on five additional vehicles will commence once the pilot vehicle completes the FTA-mandated Altoona durability testing period. The five vehicle are likely to be delivered by Q1/2024.
- Ideanomics and its subsidiary US Hybrid will assemble the hydrogen fuel cell propulsion system and manufacture associated components at its engineering facility in Torrance, California.
- The order is valued at $2.2M.
For further details see:
Ideanomics, Fenton Mobility to deliver zero-emission transit vans to RGRTA