- In June 2024, OPmobility, through its PO-Rein joint venture, signed a breakthrough agreement with CRRC, the global leader in rail manufacturing, to supply hydrogen-powered trams in Malaysia. The deal involves the delivery of 76 Type 4 high-pressure storage systems, each fitted with four 175-liter hydrogen tanks, with delivery and commissioning expected by year-end. This strategic contract strengthens OPmobility’s position in the hydrogen mobility sector and expands its footprint in Asia
- In May 2024, Samvardhana Motherson International (SAMIL) finalized the acquisition of an 81% stake in Yachiyo Industry’s four-wheeler business, a subsidiary of Honda Motor, for USD 158.54 million. Following the acquisition, Yachiyo 4W is now supplying sunroofs and fuel tanks to SAMIL across all its production facilities. This acquisition significantly boosts SAMIL’s capabilities in fuel tank production and OEM integration
- In December 2023, Toyota Motor Corporation entered into a partnership with UBE Corporation to co-develop a new polyamide 6 resin, branded UBE NYLON 1218IU. This cutting-edge resin is applied as the plastic liner material in the high-pressure hydrogen tank of the Toyota Crown fuel-cell vehicle (FCV), effectively preventing hydrogen leakage under extreme conditions. The collaboration reinforces Toyota’s leadership in hydrogen vehicle innovation and material science
- In November 2023, Robert Bosch GmbH introduced H2 Mobility, a comprehensive hydrogen technology solution that includes a fuel injection system, tank system, sensors, controllers, and more. The offering is tailored for various vehicle segments, including SUVs, LCVs, coaches, and heavy-duty buses, marking a significant step in hydrogen infrastructure. This launch enhances Bosch’s competitive edge in the hydrogen mobility ecosystem
- In November 2023, Terra West, the parent company of Granby Industries, completed the acquisition of Highlands Tank to consolidate market share and expand product offerings. The two companies merged their products and services, aiming for greater operational diversification. This strategic acquisition strengthens Terra West’s market position in the fuel storage industry
