First Hydrogen Appoints Campbell as Non-Executive Director

First Hydrogen Appoints Campbell as Non-Executive Director

Vancouver, British Columbia – First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to announce the appointment of Robert Campbell as non-executive director of First Hydrogen UK Limited, the Company’s wholly owned subsidiary. Mr. Campbell is currently Senior Vice-President and Chief Commercial Officer at Ballard Power Systems (“Ballard”) since 2017. His responsibilities include global business development, sales, marketing, product line management and after-sales service activities in Ballard’s key Power Products markets of Heavy-Duty Motive, Material Handling and Stationary Power.

Mr. Campbell brings extensive global business development expertise to the Company. His deep knowledge of high-growth markets and engineering-based capital equipment sales to sophisticated customers, will help guide First Hydrogen to target potential markets and sales as the Company constructs its two hydrogen-fuel-cell powered demonstrator light commercial vehicles (“LCV”) with AVL Powertrain and Ballard Power Systems and develops its hydrogen refueling stations with consultants FEV Group. Prior to joining Ballard, Mr. Campbell experience included: President and CEO of SoloPower Systems Inc., senior VP of Business Development at Energy Conversion Devices and Solar Integrated Technologies, executive VP of Sales and Marketing at Hydrogenics, and senior leadership roles at several construction and power generation companies.

Mr. Campbell earned a Bachelor of Science degree in engineering at Queen’s University and an MBA in Finance and Marketing at York University’s Schulich School of Business. He is a licensed Professional Engineer with the Professional Engineers Association of Ontario and holds the ICD.D designation from the Institute of Corporate Directors.

About First Hydrogen Corp.
First Hydrogen Corp. is a Vancouver and London UK based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered light commercial demonstrator vehicle under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV will have a range of 500+ kilometres. First Hydrogen is developing refueling capability working with FEV Consulting GmbH, the internal automotive consultancy of FEV Group of Aachen Germany.

On behalf of the Board of Directors of

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

Europe
Nicholas Wrigley, Chairman  First Hydrogen Automotive
+44 7917-114434
Nicholas.Wrigley@firsthydrogen.com


Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.
Forward looking information may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of First Hydrogen, and includes statements about, among other things, future developments and the future operations, strengths and strategies of First Hydrogen. Forward looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be read as guarantees of future performance or results.
The forward-looking statements made in this news release are based on management’s assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management’s experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen’s products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.
The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

First Hydrogen Appoints Gill as CEO of Automotive Division

First Hydrogen Appoints Gill as CEO of Automotive Division

Vancouver, British Columbia – First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to announce the appointment of Steve Gill as director of First Hydrogen UK Limited and as Chief Executive Officer of its’ automotive division. Mr. Gill has extensive experience as an executive, board director and consultant in the automotive industry specializing in powertrain technology and transport decarbonization. Previously, Mr. Gill was Director, Power Engineering at Ford of Europe and board member of Ford Technologies Ltd. Steve Gill will be overseeing the development of the Company’s hydrogen-fuel-cell-powered light and medium commercial vehicle business (“LCV”) and is currently developing and constructing the Company’s two MAN hydrogen fuel cell road legal demonstrators with AVL Powertrain UK and Ballard Power Systems. Mr. Gill will manage the development and build out of the recently announced hydrogen refueling stations division, with consultants FEV Group.

Mr. Gill spent 19 years with Ford Motor Company, leading strategic programs delivering innovative technology into volume production for Ford and its partners, including Jaguar Land-Rover and the PSA Groupe (Peugeot/Citroen). At Ford, Mr. Gill was responsible for powertrain product for Ford Europe (conventional and electrified powertrains) and led a team of 2,000 engineers throughout the UK, Germany and Turkey. Technologies developed included Ford’s first Series Hybrid Powertrain for commercial vehicles, Ford’s first mild hybrid technology for passenger cars and commercial vehicles and the multi-award winning 3-cylinder EcoBoost engine.

Since 2019, Mr. Gill has worked as an automotive consultant with leading businesses including a Consultant Director to AVL Powertrain, the world’s largest independent powertrain engineering consultancy, the UK Automotive Council and Britishvolt.

About First Hydrogen Corp.
First Hydrogen Corp. is a Vancouver and London UK based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered light commercial demonstrator vehicle under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV will have a range of 500+ kilometres. First Hydrogen is developing refueling capability working with FEV Consulting GmbH, the internal automotive consultancy of FEV Group of Aachen Germany.

On behalf of the Board of Directors of

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

Europe
Nicholas Wrigley, Chairman  First Hydrogen Automotive
+44 7917-114434
Nicholas.Wrigley@firsthydrogen.com


Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.
Forward looking information may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of First Hydrogen, and includes statements about, among other things, future developments and the future operations, strengths and strategies of First Hydrogen. Forward looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be read as guarantees of future performance or results.
The forward-looking statements made in this news release are based on management’s assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management’s experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen’s products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.
The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

First Hydrogen Establishes “NETZEROH2” Subsidiary to Roll Out Hydrogen Refuelling Stations

First Hydrogen Establishes “NETZEROH2” Subsidiary to Roll Out Hydrogen Refuelling Stations

Vancouver, British Columbia – First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) has established a new wholly owned subsidiary NetzeroH2 Inc. (“NetZeroH2”) for the design, production and roll out of Hydrogen Refueling Stations providing hydrogen distribution for the automotive market. The state-of-the-art refueling stations will be designed and developed in conjunction with FEV Consulting GmbH (“FEV”), combines top management consulting expertise with the technical capabilities and knowhow of the FEV Group. FEV’s deep industry knowledge enables FEV to create pragmatic solutions to some of the most pressing and complex issues facing today’s enterprises.

First Hydrogen views the development of the Hydrogen Mobility Refueling Station as accretive to its automotive strategy and serve its mobility customers over the lifetime of their ownership of First Hydrogen vehicles. This can also service the hydrogen fuel mobility market as an additional opportunity for selling hydrogen related technology to its customer base and more generally to accelerate the adoption of hydrogen as a main source of fuel for the light to heavy hydrogen mobility sector. A recent report prepared by McKinsey & Company for the Hydrogen Council states hydrogen is central to reaching net zero emissions and limit global warming to 1.5 degrees Celsius because it can abate 80 gigatons of CO 2 by 2050.

About First Hydrogen Corp.
First Hydrogen Corp. is a Vancouver and London UK based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems Inc. having a range of 500+ kilometres. First Hydrogen is also developing refuelling capability working with FEV, the internal automotive consultancy. First Hydrogen will also offer fuel-cell-powered supercritical CO 2 extraction systems that will allow users to operate the systems in remote locations where there are no electrical power grids available, or the electrical power is unstable. This already developed supercritical CO 2 extraction system is fully operational and can be monitored and supported remotely by the company’s in-house fully integrated software operating system.

About FEV Consulting GmbH
FEV Consulting, the strategic consulting arm of FEV group, offers a unique combination of management consulting capabilities with over 40 years of engineering expertise for mobility solutions and energy infrastructures. The company has access to over 6,000 global subject matter experts.

FEV Consulting is the first choice of CTOs to address their most pressing and challenging technology and business issues. Through deep technology understanding, FEV Consulting
accelerates its client’s validated decision making.

The company serves clients worldwide from its headquarters in Aachen and from additional offices in Beijing, Bilbao, Cologne, Detroit, Dubai, Munich, and Tokyo.

On behalf of the Board of Directors of

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

Europe
Nicholas Wrigley, Chairman  First Hydrogen Automotive
+44 7917-114434
Nicholas.Wrigley@firsthydrogen.com


Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.
Forward looking information may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of First Hydrogen, and includes statements about, among other things, future developments and the future operations, strengths and strategies of First Hydrogen. Forward looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be read as guarantees of future performance or results.
The forward-looking statements made in this news release are based on management’s assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management’s experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen’s products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.
The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

First Hydrogen Partners with FEV Consulting GMBH for Development of Hydrogen Mobility Refueling Stations

First Hydrogen Partners with FEV Consulting GMBH for Development of Hydrogen Mobility Refueling Stations

Vancouver, B.C., December 20, 2021 Vancouver, British Columbia – First Hydrogen Corp. (“FIRST  HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to announce its’  agreement with FEV Consulting GmbH (“FEV”) to jointly design and manufacture a prototype bespoke  hydrogen refueling station for the hydrogen mobility market.  

First Hydrogen is partnering with FEV, headquartered in Aachen, Germany, to design and build a prototype  liquid hydrogen refueling station to better serve its mobility customers over the lifetime of their ownership of  First Hydrogen vehicles and service the hydrogen fuel mobility market.  

First Hydrogen views the development of the Hydrogen Mobility Refueling Station as an accretive to its  automotive strategy and as an additional opportunity for selling hydrogen related technology to its customer  base and more generally to accelerate the adoption of hydrogen as a main source of fuel for the light to heavy  hydrogen mobility sector. According to the report published by Next Move Strategy Consulting on December  13, 2021, the Hydrogen Fuel Cell Vehicle market is expected to hit US$851 billion by 2030.  

About First Hydrogen Corp. 

First Hydrogen Corp. is a Vancouver based company focused on zero-emission vehicles and supercritical  carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered  light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems  Inc. having a range of 500+ kilometres. First Hydrogen will also offer fuel-cell-powered supercritical CO2  extraction systems that will allow users to operate the systems in remote locations where there are no electrical  power grids available, or the electrical power is unstable. This already developed supercritical CO2 extraction  system is fully operational and can be monitored and supported remotely by the company’s in-house fully  integrated software operating system. 

About FEV Consulting GmbH 

FEV Consulting offers a unique combination of management consulting capabilities with over 35 years of experience in pre-production and production development, production planning and cost engineering. Projects  are led by consultants with many years of industry and consulting experience. This enables FEV to provide  solutions that are both practical and implementable with a deeper level of content, setting FEV apart from  other consulting firms. FEV has access to over 3,000 global subject matter experts from one of the world’s  leading engineering service providers. FEV engagements feature world-class interdisciplinary project teams  tailored to suit individual customer projects.  

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

Europe
Nicholas Wrigley, Chairman  First Hydrogen Automotive
+44 7917-114434
Nicholas.Wrigley@firsthydrogen.com


Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.
Forward looking information may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of First Hydrogen, and includes statements about, among other things, future developments and the future operations, strengths and strategies of First Hydrogen. Forward looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be read as guarantees of future performance or results.
The forward-looking statements made in this news release are based on management’s assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management’s experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen’s products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.
The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

First Hydrogen Partners with FEV Consulting GMBH For Development of Hydrogen Mobility Refuelling Stations

First Hydrogen Partners with FEV Consulting GMBH For Development of Hydrogen Mobility Refuelling Stations

Vancouver, British Columbia – First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE:FIT) is pleased to announce its’ agreement with FEV Consulting GmbH (“FEV”) for the design and manufacturing of a prototype bespoke hydrogen refueling station for the hydrogen mobility market.

First Hydrogen is partnering with FEV, headquartered in Aachen, Germany, to design and build a prototype liquid hydrogen refueling station to better serve its mobility customers over the lifetime of their ownership of First Hydrogen vehicles and service the hydrogen fuel mobility market.

First Hydrogen views the development of the Hydrogen Mobility Refueling Station as an accretive to its automotive strategy and as an additional opportunity for selling hydrogen related technology to its customer base and more generally to accelerate the adoption of hydrogen as a main source of fuel for the light to heavy hydrogen mobility sector. According to the report published by Next Move Strategy Consulting on December 13, 2021, the Hydrogen Fuel Cell Vehicle market is expected to hit US$851 billion by 2030.

About First Hydrogen Corp.

First Hydrogen Corp. is a Vancouver based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems Inc. having a range of 500+ kilometres. First Hydrogen will also offer fuel-cell-powered supercritical CO2 extraction systems that will allow users to operate the systems in remote locations where there are no electrical power grids available, or the electrical power is unstable. This already developed supercritical CO2 extraction system is fully operational and can be monitored and supported remotely by the company’s in-house fully integrated software operating system.

About FEV Consulting GmbH

FEV Consulting offers a unique combination of management consulting capabilities with over 35 years of experience in pre-production and production development, production planning and cost engineering. Projects are led by consultants with many years of industry and consulting experience. This enables FEV to provide solutions that are both practical and implementable with a deeper level of content, setting FEV apart from other consulting firms. FEV has access to over 3,000 global subject matter experts from one of the world’s leading engineering service providers. FEV engagements feature world-class interdisciplinary project teams tailored to suit individual customer projects.

On behalf of the Board of Directors of

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

Europe
Nicholas Wrigley, Chairman  First Hydrogen Automotive
+44 7917-114434
Nicholas.Wrigley@firsthydrogen.com


Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.
Forward looking information may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of First Hydrogen, and includes statements about, among other things, future developments and the future operations, strengths and strategies of First Hydrogen. Forward looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be read as guarantees of future performance or results.
The forward-looking statements made in this news release are based on management’s assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management’s experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen’s products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.
The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

First Hydrogen’s Wrigley Speaks at COP26 UN Climate Change Conference

First Hydrogen’s Wrigley Speaks at COP26 UN Climate Change Conference

Vancouver, British Columbia – First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE:FIT) is pleased to announce that Nicholas Wrigley, ( Non-Executive Director/Chairman UK) of First Hydrogen Limited (UK) will be guest speaker at Invest Africa’s roundtable discussion at the UN Climate Change Conference (COP26) to be held from October 31st thru to November 12th, 2021 in Glasgow, Scotland. Mr. Wrigley is also a VIP guest at the reception to be held by the Department of International Trade (UK) and Formula E to be hosted at the summit in Glasgow.

Ambitious emissions reduction targets for 2030 have been set to achieve the goal of reaching net zero by the middle of the century. Fuel Cell (FC) and hydrogen propulsion are key enablers to support this net-zero future. The partnership between Ballard Power Systems Inc. (“Ballard”), AVL Powertrain UK (“AVL”) and First Hydrogen will work together in this partnership for zero-tailpipe emission technology going forward.

The project will develop and build two hydrogen fuel cell powered light commercial demonstrator vans for First Hydrogen that will be road legal and utilized to showcase the capabilities of fuel cell technology in its light commercial vehicles under development. This will provide First Hydrogen with a design and technology platform for future commercialisation.

Work has already started at AVL’s Engineering Centre Basildon UK , for delivery in Q3 of 2022. The vehicles will be equipped with the latest generation Ballard FCgen®-LCS fuel cell, giving the vehicles a range of more than 500 kilometres.

First Hydrogen has selected AVL because of its established expertise, collaborations, and knowhow. AVL is a strong partner for First Hydrogen in its strategy for hydrogen powered Fuel cell vehicle development. Some 25 UK based engineers in AVL will execute:

  • FCS system specification, design, supplier selection and virtual integration. Including system matching (FC stack, compressor and battery).
  • Balance of plant specification (BoP) and high-pressure hydrogen system specification,
  • FCS calibration optimisation on test bed and in-vehicle
  • Full vehicle packaging design and physical integration including vehicle commissioning
  • Control module SW + HW development for fuel cell control unit, tank control unit, vehicle control unit.
  • AVL Drive assessment for performance baseline, NVH / drivability

Drawing on additional support of 500 fuel cell experts globally, across three purpose-built fuel cell technical centres.

Nicholas Wrigley, Non-Executive Director/Chairman of First Hydrogen Limited:

“We are delighted to be working with AVL and Ballard Power in this important partnership. Our mobility strategy consists of designing and building two prototype demonstrators using an existing EV platform. These demonstrators will be road legal in the UK and will both fast track our learning of the fuel cell mobility market and technology, and also provide our prospective customers will real time test beds for their future hydrogen mobility needs. We are also launching the design of a bespoke fuel cell platform for commercialisation of a fleet of vehicles including a range of delivery vans, taxis and medium sized trucks. These will be designed in the UK by the First Hydrogen team and built in the UK for the UK market and export. First Hydrogen is also assessing the viability of green hydrogen production in the UK and elsewhere to be able to provide its mobility customers with a full service, to include the fuel.”

Dr Bernadette Longridge, Engineering Centre Manager, AVL Powertrain UK:

“The AVL team are proud to be working with the First Hydrogen team on delivering two hydrogen fuel cell demonstrator vehicles. This project is an opportunity to show case the advantages of Fuel cell technologies within the light commercial vehicle arena and is an important step to show the potential for fuel cells to support the goal of net zero by the middle of the century.”

About First Hydrogen Corp.

First Hydrogen Corp. is a Vancouver based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems Inc. having a range of 500+ kilometres. First Hydrogen will also offer fuel-cell-powered supercritical CO2 extraction systems that will allow users to operate the systems in remote locations where there are no electrical power grids available, or the electrical power is unstable. This already developed supercritical CO2 extraction system is fully operational and can be monitored and supported remotely by the company’s in-house fully integrated software operating system.

About AVL Powertrain Limited

With more than 11,000 employees, AVL is the world’s largest independent company for development, simulation and testing in the automotive industry, and in other sectors. Drawing on its pioneering spirit, the company provides concepts, solutions and methodologies to shape future mobility trends. AVL creates innovative and affordable technologies to effectively reduce CO2 by applying a multi-energy carrier strategy for all applications – from hybrid to battery electric and fuel cell technologies. The company supports customers throughout the entire development process from the ideation phase to serial production. To accelerate the vision of smart and connected mobility AVL has established competencies in the fields of ADAS, autonomous driving and digitalization. AVL’s passion is innovation. Together with an international network of experts that extends over 26 countries and with 45 Tech- and Engineering Centers worldwide, AVL drives sustainable mobility trends for a greener future. In 2020, the company generated a turnover of 1.7 billion Euros, of which 12% are invested in R&D activities

About Ballard Power Systems Inc.

Ballard is a leading global provider of innovative clean energy and fuel cell solutions. Ballard develops and manufactures proton exchange membrane fuel cell products for markets such as heavy-duty motive, portable power, material handling as well as providing technology solutions services.

On behalf of the Board of Directors of

FIRST HYDROGEN CORP.
“Balraj Mann”
Chairman & Chief Executive Officer

Contacts:

North America
Balraj Mann, Chairman & Chief Executive Officer
604-601-2018
investors@firsthydrogen.com

Europe
Nicholas Wrigley, Chairman  First Hydrogen Automotive
+44 7917-114434
Nicholas.Wrigley@firsthydrogen.com


Cautionary Note Regarding Forward-Looking Statements This news release contains information or statements that constitute “forward-looking statements.” Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur.
Forward looking information may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and outlook of First Hydrogen, and includes statements about, among other things, future developments and the future operations, strengths and strategies of First Hydrogen. Forward looking information is provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be read as guarantees of future performance or results.
The forward-looking statements made in this news release are based on management’s assumptions and analysis and other factors that may be drawn upon by management to form conclusions and make forecasts or projections, including management’s experience and assessments of historical trends, current conditions and expected future developments. Although management believes that these assumptions, analyses and assessments are reasonable at the time the statements contained in this news release are made, actual results may differ materially from those projected in any forward-looking statements. Examples of risks and factors that could cause actual results to materially differ from forward-looking statements may include: the timing and unpredictability of regulatory actions; regulatory, legislative, legal or other developments with respect to its operations or business; limited marketing and sales capabilities; early stage of the industry and product development; limited products; reliance on third parties; unfavourable publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital requirements and liquidity; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; shifts in the demand for First Hydrogen’s products and the size of the market; patent law reform; patent litigation and intellectual property; conflicts of interest; and general market and economic conditions.
The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
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