TNI || New Delhi || 14th Dec 2021
It would jointly develop commercial vehicles which will be hydrogen-powered and also distribution models specifically optimized for the Taiwanese market.
The terms of the non-binding agreement confirm Hyzon and HwaQi, which is a MiTAC affiliate, shall work on establishing a joint operating model and deliver product portfolio.
Service, and logistic operation, will be customized as per the needs of the Taiwan market.
Hyzon, as per the deal, will also support MiTAC systems decarbonization efforts beginning with the supply of a couple of fuel cell electric trucks next year.