viewITM Power PLC

ITM Power targets UK van market through new alliance

Renault’s Kangoo ZE-H2 electric van is fitted with a fuel cell range extender from Symbio FCell.

ITM Power will provide the hydrogen refuelling technology.

ITM Power (LON:ITM) has joined forces with Symbio FCell and Arcola Energy to provide a complete one-stop package for UK commercial van fleets powered by hydrogen fuel cells.

French group Symbio FCell specialises in fuel cell systems and range extenders and has already worked with a number of France's blue chips with large van fleets such as La Poste, Air Liquide and Schneider Electric.

Renault’s Kangoo ZE-H2 electric van is fitted with a fuel cell range extender from Symbio FCell, which gives it a range of over 200 miles and refuelling time of less than three minutes. 

Fabio Ferrari, Symbio FCell's chief executive, said: "Working with ITM Power and Arcola Energy will allow us to expand deployment of our fleet-ready Renault Kangoo hydrogen fuel cell hybrid vans in the UK."

ITM Power will provide the hydrogen refuelling technology.

It recently launched a wind-to-hydrogen refueller near the M1 in Rotherham and is building five refuelling stations in London.  

Arcola Energy is an engineering services business that already provides maintenance support and training for the van fleets that use Symbio FCell’s technology.

Graham Cooley, ITM Power's chief executive, said: "We are delighted to be working again on the return-to-base fleet refuelling model with commercial vehicles that are backed by an OEM and have a full after-sales support package.

Ben Todd, Managing Director at Arcola Energy added: "The Symbio FCell zero emission vans combined with ITM Power's clean hydrogen production means truly low carbon and non-polluting fleets are now possible for UK cities.   

Hydrogen fuel cells produce electricity, heat and water.  Electricity produced by the fuel cell is used to charge the battery / drive the motor; the heat produced is captured and used to warm the vehicle cabin in winter.

Quick facts: ITM Power PLC

Price: 533 GBX

Market: AIM
Market Cap: £2.94 billion

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