Inaugural Green Hydrogen Vans 

November 15, 2022

Vancouver, B.C., November 15, 2022 Vancouver, British Columbia – First Hydrogen Corp. (“FIRST  HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) is pleased to announce its first hydrogen fuel cell-powered van (FCEV) have commenced performance tests at the HORIBA MIRA  Proving Ground, located near Birmingham, UK. These track tests will confirm the safety and performance of  the light commercial vehicles (LCV) prior to the handover from powertrain specialists AVL to First Hydrogen.  Last month, the vehicles were certified for UK road use ahead of a series of road trials with major UK  operators, which start in January 2023. The vehicles will undertake final testing designed to fine-tune  operational performance before they are available for fleet operator trials to commence in the New Year. 

The Company’s inaugural vehicles have more than five times more range capability than their battery electric  equivalent – achieving 400-600km range on a single fuelling compared to the 115km range of the battery  electric van running at the same maximum speed1. With a refuelling time of approximately five minutes, the  time required to power First Hydrogen’s FCEVs dramatically undercuts the 5 hours and 20 minutes it takes to  recharge a battery electric van2

Created to encourage adoption and whet the market appetite, the Company’s vehicle demonstrator program  will inform development for future vehicle trials in European Union, United States and Canada. Feedback and  high-level purchase commitments will also support the design and development of First Hydrogen’s next  generation of vehicles, which it plans to bring to market in the next few years. The global light commercial  vehicle market is projected to reach $786.5 billion by 20303. These vehicles, together with First Hydrogen’s  complete Hydrogen-as-a-Service (HaaS) solution, which supplies green hydrogen fuel, distribution and  complementing vehicle management services, will help the sector meet zero emission targets. 

 

First Hydrogen installed hydrogen fuel systems into the First Hydrogen LCV vans. The fuel stack was supplied  by Ballard Power Systems, the leading global provider of energy fuel cell solutions, and the vehicles have  been fitted out at AVL’s facility in Basildon. The van has also been wrapped in First Hydrogen branded blue  and white livery, designed with a nod to the vehicle’s hydrogen-propulsion system. 

Steve Gill, CEO of Automotive for First Hydrogen Limited, says: “The team has been working tirelessly  to reach this monumental achievement. It has been phenomenal to watch the performance on the test track and  really brought our vision into reality. These vehicles enable us to demonstrate how hydrogen fuel cell systems  can serve the LCV market; delivering the range and providing the operational flexibility commercial fleets  require.”  

Nicholas Wrigley, Chairman of First Hydrogen Limited comments: “We are delighted with the initial  performance of the First Hydrogen fuel cell van. There is growing pressure on the transport sector to achieve  zero emission targets, which means operators, governments and investors are eager to see the power of  hydrogen mobility in action. Using donor vehicles has enabled us to bring our first demonstrator vans to market  quickly. This approach also allows customers to see, feel and experience the operational benefits of hydrogen  propulsion in a familiar set up.”  

1 Based on the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) 

2 Charging time when using a cable charge at a rate of 7.2 kW 

3Allied Research 

About First Hydrogen Corp. (FirstHydrogen.com

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles,  green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company  is designing and building hydrogen-fuel-cell-powered light commercial demonstrator vehicles (“LCV”) under  two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV will have a range of 500+  kilometres. At the same time, the company has launched its bespoke vehicle design phase which will develop  its fleet of proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working  with FEV Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company  is also pursuing opportunities in green hydrogen production and distribution in the UK, EU and North  America.

On behalf of the Board of Directors of  

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