Plug Power to Work With BAE Systems on Hydrogen-Powered Electric Buses
April 29 2021 - 10:16AM
Dow Jones News
By Michael Dabaie
Plug Power Inc. said it will work with BAE Systems PLC on
hydrogen-powered electric buses.
Plug Power and BAE Systems will collaborate to supply
zero-emissions powertrains to heavy-duty transit bus original
equipment manufacturers in North America, integrating Plug Power's
ProGen fuel cell engines into BAE Systems' smart electric drive
systems.
The companies will also provide hydrogen and refueling
infrastructure to end-customers use points.
"The companies will work together to offer transit operators in
North America an all-inclusive, scalable system to reach zero
emissions, providing required site, vehicle, and service
solutions," BAE said.
Plug Power shares were up 4% to $29.97 in early trading.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
April 29, 2021 10:01 ET (14:01 GMT)
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