Loop Energy, a provider of fuel cell electric range extenders for medium and heavy-duty transport applications, announced Wednesday that the company has received a cash investment from Cummins Inc.
Loop Energy will also supply Cummins with range extender systems for incorporation into demonstration trucks. Loop’s no-compromise module provides a breakthrough in terms of cost and power density, allowing truck operators to transition to zero-emissions without an impact to cost of ownership.
Hydrogen fuel cells are gaining interest from transportation industry leaders as they can facilitate the transition from vehicles running on fossil fuels to sustainable electric solutions. In commercial transport applications, fuel cell range extended vehicles emit no greenhouse gas or pollutant emissions and there is no impact to vehicle payload weight, power demands or refueling time compared to battery-only systems.
