Hydrogen Vehicle Systems (HVS) will potentially import its products into China and other international markets after agreeing on a deal with Guangzhou Hybot Technology.
Under a Memorandum of Understanding (MOU), the focus will be on promoting hydrogen fuel cell trucks in the UK and EU through product, technical and service collaboration, with the Chinese company handling the technical aspects.
Together, the two companies are expected to build and share a supply chain system based on Hybot’s supply chain, with the aim of cost-effectiveness and reduced development time.
Moving forward, the agreement will ensure HVS and Hybot explore further opportunities such as joint ventures, technology sharing and research initiatives.
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