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Hexagon Composites ASA: Hexagon Purus signs Joint Venture agreements with CIMC Enric for China and Southeast Asia, the world s largest zero emission hydrogen vehicle and distribution market

(2) CIMC Enric and Hexagon Purus today signed two joint venture (JV) agreements that encompass cylinder and systems production for Fuel Cell Electric Vehicles (FCEVs) and hydrogen distribution in China and Southeast Asia. The Chinese market for Fuel Cell Electric Vehicles (FCEVs) is expected to grow to become the largest global market over the next decade and beyond. Initially, the CIMC-HEXAGON JVs will expand CIMC Enric s existing production and systems capacity for Type 3 (T3) cylinders and in parallel install Type 4 (T4) cylinder production and systems capacity for the Chinese market. The JVs expect to start production of high-pressure T3 fuel storage in 2021.

Hexagon Purus Holding AS: Hexagon Purus signs Joint Venture agreements with CIMC Enric for China and Southeast Asia, the world s largest zero emission hydrogen vehicle and distribution market

(2) CIMC Enric and Hexagon Purus today signed two joint venture (JV) agreements that encompass cylinder and systems production for Fuel Cell Electric Vehicles (FCEVs) and hydrogen distribution in China and Southeast Asia. The Chinese market for Fuel Cell Electric Vehicles (FCEVs) is expected to grow to become the largest global market over the next decade and beyond. Initially, the CIMC-HEXAGON JVs will expand CIMC Enric s existing production and systems capacity for Type 3 (T3) cylinders and in parallel install Type 4 (T4) cylinder production and systems capacity for the Chinese market. The JVs expect to start production of high-pressure T3 fuel storage in 2021.

Hexagon Purus signs Joint Venture agreements with CIMC Enric for China and Southeast Asia, the world s largest zero emission hydrogen vehicle and distribution market Oslo Stock Exchange:HPUR

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