Loop Energy, a developer of hydrogen fuel cells, announced on Sunday that its newest cell system can offer greater fuel economy than a diesel engine at current prices.
With its new S1200 hydrogen fuel cell system, a truck could drive just over 111 miles (179 km) on $100 worth of gasoline, compared to just over 109 miles for an identical diesel vehicle. Hydrogen fuel cells pass hydrogen via a catalyst, generating energy and heat to charge a tiny battery that powers the vehicle; the only emission from these cells is water.
Loop Energy intends to supply the fuel cell technology to startup truck manufacturers as well as part of hydrogen powertrains given by major suppliers to large truck manufacturers. Loop Energy’s largest stakeholder is the American engine manufacturer Cummins, which owns more than 20% of the firm.