Plug Power Ships First Production Progen Engines for Electric Vehicle Range Extenders
February 08 2017 - 7:00AM
Plug Power Inc. (NASDAQ:PLUG), a leader in providing energy
solutions that change the way the world moves, has shipped the
first production ProGen fuel cell engines for use in electric
delivery vehicles. Through this application, Plug Power extends its
reach into the on-road electric vehicle market, increasing its
served market for fuel cell products and hydrogen fueling stations.
The ProGen engine solution greatly enhances
electric vehicle range, making them a viable solution for a wide
range of applications, including parcel delivery and service
trucks, municipal and government fleets, taxis and port vehicles.
The first deliveries of production ProGen engines will function as
range extenders in electric FedEx Freight delivery vans in the
greater Los Angeles area, doubling the vehicle’s range.
ProGen engine shipments for delivery vans in the
China market begin in the second quarter of 2017. These shipments
will be utilized for on-road trials and certification. China is an
important market for this technology, as it is actively driving
fuel cell and hydrogen adoption within the country.
“The electrification of the auto market is
undeniable,” said Andy Marsh, CEO for Plug Power. “But, common to
those who consider adoption is 'range anxiety' -- that being a fear
that the vehicle will not make it to its next charge opportunity or
have sufficient range for the application. ProGen eliminates that
stress, and for that reason, we see this market as large and
impactful to Plug Power’s bottom line.”
ProGen engines are designed, engineered and
manufactured in its facilities located in Latham, New York and
Spokane Washington. Plug Power also manufactures its GenDrive,
GenFuel and ProGen stack products in these facilities.
About Plug Power
Inc. The architects of
modern hydrogen and fuel cell technology, Plug Power has
revolutionized the industry with its simple GenKey solution,
elements of which are designed to increase productivity, lower
operating costs and reduce carbon footprints in a reliable,
cost-effective way. Plug Power’s GenKey solution couples together
all the necessary elements to power, fuel and service a customer.
Plug Power is the partner that customers trust to take their
businesses into the future. For more information about Plug Power,
visit www.plugpower.com.
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Media and Investor Relations Contact:
Teal Vivacqua
Plug Power Inc.
Phone: 518.738.0269
Plug Power (NASDAQ:PLUG)
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