Hydra Energy announces plans to expand further in 2023

Hydra Energy’s hydrogen injection technology will power heavy-duty trucks with waste green hydrogen that would normally be vented into the atmosphere.

VANCOUVER — On Dec. 14, Hydrogen-as-a-Service™ (HaaS™) trucking product manufacturer, Hydra Energy, announced that achieving milestones this year sets the stage for expansion in 2023 at a time when transportation is the fastest growing source of GHG emissions worldwide. At year end, the company reports that they continue to reduce commercial heavy-duty trucking emissions, and in providing a local, clean fuel source to fleet owners at a diesel-equivalent fixed price.

During 2022, the company specifically:

• Created a Western Canadian-wide installer network through its partnership with a major commercial vehicle group, First Truck Centre, helping accelerate the adoption of Hydra’s conversion kits with commercial fleets in 13 cities.
• Broke ground on a hydrogen refuelling station for heavy-duty trucks forming the flagship location of the Hydrogen Corridor Hydra is building between the B.C. Coast and Edmonton.
• Surpassed 300,000 kms (186,000 miles) of on-road driving of its proprietary hydrogen-diesel, co-combustion conversion technology by professional truck drivers continuing to verify that truck performance is not negatively impacted in even the most challenging weather and road conditions with the heaviest payloads.
• Successfully deployed machine learning into its hydrogen conversion kits in a road trial with North American truck stop provider, Pilot Flying J, validating the platform agnostic nature of Hydra’s hydrogen internal combustion engine (HICE) retrofit technology
• Entered contracts or signed MOUs with three new fleets including a hydrogen-converted armoured vehicle delivered to VEXSL in July
• Began discussions and/or truck demonstrations with potential HaaS licensees which would make Hydra’s hydrogen-diesel conversion kits available beyond Western Canada.
• Worked closely with the BC Trucking Association (BCTA) and Alberta Motor Transport Association (AMTA) to get 1,000 kg weight exemption for clean trucks, including Hydra-converted trucks, and participated in several roadshows to raise fleet member awareness of Hydra’s zero-cost hydrogen-diesel solution commercially available right now.
• Continued to expand government support for low-emission vehicles as a solution on the path to Net Zero and was awarded several grants.

“At a time when there is so much talk about zero-emission vehicles and achieving Net Zero, we have instead focused on leveraging existing clean hydrogen sources and delivering a viable emissions-lowering solution to commercial fleet owners to help make a dent in transportation emissions right now,” declared Hydra Energy CEO, Jessica Verhagen. “2022 was the most successful year in the company’s history as we advanced our hydrogen-diesel technology, customer base, refuelling infrastructure, licensee discussions, partnerships, and government regulatory and funding support. I know hydrogen transportation received a lot of attention this year, but our goal was to drive real results month after month laying a foundation that will drive even further progress in 2023 throughout North America and beyond. Hydrogen makes sense for heavy-duty trucking and Hydra makes sense for those organizations wanting to incorporate it today.”