Lower Silesian Hydrogen Valley Association, Sigma Project and H2X Global Join Forces to Accelerate Deployment of Hydrogen-Powered Municipal Vehicles in Europe.

24 June 2026

The Lower Silesian Hydrogen Valley Association (LSHVA), Sigma Project and H2X Global Limited (H2X) are pleased to announce the execution of a Memorandum of Understanding (MoU) to collaborate on the development, funding, integration and deployment of zero-emission hydrogen fuel cell waste collection vehicles across Poland, Central Europe and the Nordic region.

The collaboration brings together three complementary organisations with the shared objective of accelerating the commercial adoption of hydrogen-powered municipal transport solutions:

• Sigma Project – specialist designer and manufacturer of municipal waste       collection bodies, compactors and refuse vehicle equipment;

• H2X Global – developer of hydrogen fuel cell electric vehicle platforms, hydrogen storage systems and associated technologies for commercial       vehicles; and

• Lower Silesian Hydrogen Valley Association – a leading hydrogen ecosystem organisation supporting project development, government engagement and funding initiatives throughout Poland and Central Europe.

The parties intend to collaborate on the deployment of 24–26 tonne hydrogen-powered refuse collection vehicles, combining H2X hydrogen technology platform with Sigma’s proven municipal waste collection systems, while leveraging LSHVA’s regional ecosystem, stakeholder network and project development capabilities.

The collaboration will also focus on:

• Identifying government grants and funding opportunities;

• Developing demonstration and pilot projects;

• Participating in public procurement opportunities;

• Supporting municipal fleet decarbonisation initiatives; and

• Accelerating the commercial deployment of hydrogen-powered waste collection vehicles across Central and Northern Europe.

A Practical Partnership for Commercial Deployment

The hydrogen industry is increasingly moving beyond demonstration projects towards commercial implementation.

This collaboration has been established to bring together specialist organisations, each contributing proven expertise within their respective disciplines, to deliver integrated zero-emission municipal vehicle solutions for fleet operators and local governments.

The parties believe this collaborative model will accelerate deployment while reducing project complexity for customers seeking to transition from diesel-powered municipal fleets.

Lower Silesian Hydrogen Valley Association Quote: “The development of the hydrogen economy requires close cooperation between partners representing different parts of the market. This Memorandum of Understanding demonstrates that hydrogen technologies are increasingly moving beyond concepts toward real world applications. We believe that by combining our expertise and resources, we can accelerate the deployment of zero emission transport solutions in Poland and across Europe.”

Szymon Płoński, President of the Lower Silesian Hydrogen Valley Association

H2X Global: “The hydrogen industry is entering a new phase where success will be determined not by individual technologies, but by the strength of partnerships that can deliver complete commercial solutions.

H2X has deliberately adopted an asset-light, partnership-driven strategy, working with world-class organisations that share our commitment to practical deployment. By combining hydrogen vehicle technology, specialist municipal equipment and regional project leadership, we believe we can accelerate the transition to zero-emission waste collection fleets across Europe.

Our focus is simple: move beyond concepts and place hydrogen vehicles on the road, delivering tangible environmental and economic benefits for municipalities and fleet operators.”

Antony Tolfts, Chief Executive Officer H2X Global Limited

Sigma Project: Special trucks and trailers bodybuilder in a high range of light, medium and heavy duty. Created from the many years of experience design office, developed by the full production facility delivering to the biggest Scandinavian customers base.

Well known in Sweden, Norway, Finland and Switzerland as a flexible and created for the customers needs manufacturer. Our design office ensures with made to measure the top quality vehicles for individual and serial users.

Media Contacts

H2X Global Limited: [email protected]

Lower Silesian Hydrogen Valley Association: [email protected]

Sigma Project: [email protected]

 

Dear Fellow H2X Shareholder,

Next week marks an important milestone for H2X Global.

On 30 June 2026, H2X will celebrate five years since incorporation.

Like many emerging technology companies, our journey has not been linear. We have experienced periods of rapid growth, significant challenges, changing markets, evolving technology and the realities of building a global hydrogen business with limited capital.

As I reflect on the past two years, I am struck by the progress the Company has made through a disciplined focus on capital efficiency, strategic partnerships and commercial execution. Building on the vision established by H2X’s founders and the work of many people who have contributed to the business over its first five years, we have a roadworthy platform, advanced proprietary systems technology, strengthened our international partnerships, secured customer programs, expanded our global footprint and built a shareholder register spanning multiple continents.

Most importantly, I believe the business has now stabilised and is beginning to come together.

The foundations have largely been built.

The next phase is execution.

The next phase is sales and delivery.

Remembering Brendan Norman

Before discussing Company progress, I would like to acknowledge the passing of H2X co-founder Brendan Norman.

Brendan passed away unexpectedly earlier this month at only 54 years of age.

Many of our shareholders knew Brendan personally. Others may only know him through his contribution to H2X. Regardless, Brendan was instrumental in helping establish the vision that ultimately became H2X Global.

His passing has been deeply felt by the H2X team, Board and wider shareholder community.

On behalf of everyone at H2X, I extend our sincere condolences to Brendan’s family, friends and colleagues.

Brendan’s legacy lives on through the Company he helped create and the technology we continue to develop.

Walking the Talk

Over the past two years H2X has focused heavily on right-sizing the business.

This has not always been glamorous.

In many cases it meant reducing activities, delaying projects, consolidating operations and making difficult decisions about where to invest scarce capital.

However, these decisions have positioned H2X to become significantly more capital efficient.

Today H2X operates with a much leaner structure than many comparable companies.

We continue to leverage international partnerships rather than attempting to vertically integrate every activity ourselves.

This philosophy remains central to our strategy.

As shareholders know, H2X has consistently sought to “walk the talk” when it comes to capital discipline.

Every dollar remains important.

Major Listing Milestone Achieved

I am pleased to report that H2X has successfully completed its In-Principle Listing Application process.

The exchange has formally confirmed that H2X may proceed toward listing, subject to completion of the remaining listing requirements.

This represents a significant milestone for the Company.

Over the past two years substantial work has been undertaken to strengthen governance, compliance, reporting, capital structure and operational readiness.

While there remains work ahead, shareholders should recognise the significance of reaching this stage.

There is a meaningful difference between saying a company intends to list and having successfully completed a formal exchange review process.

Product Update

Yarra: Medium Vehicle Platform

H2X now has a roadworthy vehicle operating through licensing arrangements incorporating H2X technology and intellectual property.

This is a significant milestone and provides an important platform for commercial deployment.

Our focus has now shifted from engineering toward fleet deployment and customer projects.

Rather than simply demonstrating hydrogen technology, we are increasingly working alongside experienced industry participants to place vehicles into real-world operations.

Paroo: Light Commercial Vehicle Platform

The Paroo program continues through detailed design.

The coming weeks represent an important period for the project.

We continue to believe the Paroo addresses an attractive segment of Europe’s approximately 29 million light commercial vehicle market, where hydrogen offers operational advantages over battery-only solutions, particularly for high utilisation fleets operating in colder climates.

Hydrogen Storage Systems

Our hydrogen storage tank business continues to build momentum.

Following our initial commercial sales, H2X hydrogen tank systems are now being deployed and operated by H2X customers in Germany, providing real-world validation of the technology and an important reference point for future sales. The transition from engineering development to customer deployment is a significant milestone for the business.

We believe our tank systems are genuinely best-in-class, combining industry-leading specifications, a 15-year service life and a compelling value proposition for OEMs and fleet operators.

The opportunity ahead is therefore less about further product development and more about commercial execution.

Our immediate priority is to expand our sales capability and place our proven product in front of more customers, strategic partners and vehicle manufacturers. Every new customer engagement has the potential to create repeat orders, long-term supply agreements and recurring revenue streams independent of vehicle sales.

As H2X enters its next phase, our focus is clear: we have a proven product with strong differentiators; now we need to accelerate market awareness, convert our growing pipeline into orders and establish H2X as a leading supplier of hydrogen storage systems in Europe and beyond.

European Commercial Momentum

Following discussions facilitated through the Australian Government hydrogen delegation program, H2X has recently reached agreement in principle on a new European strategic cooperation framework focused on accelerating hydrogen-powered commercial vehicle deployment.

While final execution formalities are still being completed, we expect to make a formal announcement within the coming days.

Importantly, the initiative has been structured with a practical commercial focus, bringing together complementary organisations across hydrogen ecosystem development, vehicle integration and deployment.

The objective is simple: Move beyond discussions and place hydrogen-powered commercial vehicles into funded projects and fleet operations.

I believe this reflects the broader maturation of the hydrogen industry.

Customers are increasingly asking not whether hydrogen works, but how quickly it can be deployed commercially.

 

Europe and the World Hydrogen Summit

I had the privilege of participating in the Australian Government’s hydrogen delegation program surrounding the World Hydrogen Summit in Rotterdam.

I would like to thank Austrade for the opportunity and for their ongoing support of Australian hydrogen companies operating internationally.

The program provided direct engagement with government agencies, infrastructure operators, industrial hydrogen users, ports, developers and investors from across Europe.

Importantly, AusTrade were able to use their network to introduce H2X to governments and fleet owners that would be otherwise impossible to access, the baton now is back with H2X to follow-up and commercialise the opportunities.

The trip reinforced two observations:

• First, hydrogen remains a global industry.
• Second, commercial deployment and economics are increasingly replacing conceptual discussions.

This aligns well with H2X’s practical approach.

Australian Opportunities

I was also pleased to catch up with several fellow H2X Shareholders and meet the Woodside team in Perth regarding hydrogen refuelling infrastructure developments.

As an Australian company, H2X continues to seek commercially supported opportunities to bring additional activity back to Australia.

While our engineering and manufacturing partnerships remain centred in Germany and South Korea, we continue to see opportunities for Australian assembly and deployment as market conditions mature.

Industry Recognition

I am pleased to report that H2X continues to receive industry recognition.

Recently H2X has progressed through to the final stages of both the:

• Australian Financial Review Most Innovative Companies Awards; and
• Australian Technologies Competition.

Recognition alone does not create shareholder value.

However, it is encouraging to see independent organisations continuing to recognise the work undertaken by the H2X team.

Horizon Europe Opens New Opportunities

One particularly encouraging development for Australian innovation companies has been the successful conclusion of negotiations for Australia’s association with Horizon Europe.

Horizon Europe is the European Union’s €93.5 billion research and innovation funding program.

From January 2027, Australian organisations will gain substantially improved access to funding opportunities and collaborative research programs.

For companies like H2X, operating across both Australia and Europe, this represents a potentially significant opportunity over the coming years.

We will continue monitoring developments closely and actively evaluating opportunities where government support can accelerate commercial deployment.

Looking Forward

While progress is rarely as fast as any of us would like, I believe H2X is entering a fundamentally different phase of its development.

• Your business is leaner.
• Our governance framework is stronger.
• Our product roadmap is clearer.
• Our listing pathway is advancing.
• Our international partnerships continue to expand.

Most importantly, we are increasingly focused on converting years of engineering and development into commercial outcomes.

Five years after incorporation, I believe H2X is better positioned than at any point in its history.

There is still much to do, but for the first time in several years, I feel we are seeing the various pieces of the H2X strategy align into a coherent platform for a commercial business.

I look forward to updating shareholders again next month.

Kind Regards

Antony Tolfts

Chief Executive Officer
H2X Global Limited
M: +61 437 353 908
E: [email protected]
W: www.h2xglobal.com

 

Dear Fellow H2X Shareholder,

Over the past two years, H2X has focused on stabilising the business, strengthening governance, validating our technology partnerships, and positioning your Company for long-term commercial execution.

Importantly, the activities undertaken over the past month continue to demonstrate H2X’s transition from an engineering and development-stage business into an execution-stage hydrogen mobility platform focused on deployment, delivery and commercial scale.

During the month since our last update, H2X has:

• progressed detailed CAD engineering of the Paroo platform with FES GmbH
• continued promoting the already roadworthy Yarra platform
• commenced expanding European sales capability
• refreshed and expanded the H2X website
• participated in Austrade-led hydrogen delegations across Germany and Poland
• engaged directly with European ministries, hydrogen valleys, municipalities and infrastructure groups
• continued progressing your Company’s exchange listing pathway
• attended shareholder and investor meetings across Sydney, Melbourne, Brisbane and Wellington, with Perth to follow.
• prepared for participation in this week’s World Hydrogen Summit in       Rotterdam

Operational momentum surrounding H2X continues to build.

Engineering Progress – The Paroo Continues to Take Shape

At the centre of H2X’s platform strategy remains the modular removable hydrogen powertrain architecture, designed to extend asset life, reduce replacement costs and improve lifecycle economics for fleet operators.

The progression of the Paroo platform continues to be one of the most exciting developments within H2X.

I have personally enjoyed working closely with both the H2X engineering team and our engineering and production partner, FES GmbH in Germany, as the vehicle architecture progresses from concept into increasingly detailed CAD and engineering design.

Watching the vehicle progressively take shape through the CAD process has been rewarding for the entire team. The Paroo is increasingly reflecting exactly what we set out to build: a commercially practical hydrogen-powered fleet vehicle designed for real-world operational deployment.

The platform targets the strategically important global 3.5 to 5.5 tonne commercial vehicle segment, one of the largest fleet replacement opportunities globally as municipalities, logistics operators and governments accelerate decarbonisation initiatives.

Critically, the Paroo is being designed specifically around operational realities:

• payload retention
• rapid refuelling
• reliability
• maintainability
• long service intervals
• multi-shift fleet operation

Alongside Paroo, H2X continues to actively promote the already roadworthy Yarra heavy vehicle platform.

The Yarra remains important because it demonstrates that H2X is not operating purely as a conceptual hydrogen company. H2X already possesses deployable hydrogen vehicle capability through its engineering ecosystem and partnerships.

H2X also continues building a broader commercial platform through hydrogen storage systems already operating on-road in Europe. This creates both immediate commercial validation and an additional revenue pathway independent of full vehicle production scale-up.

The combination of:

• Yarra (available now)
• Paroo (available for pre-order)
• proprietary hydrogen tank capability

positions H2X not simply as a vehicle supplier, but as a broader hydrogen mobility deployment and integration platform.

Importantly, H2X does not need to capture a large share of the European commercial vehicle market to build a meaningful business. Even modest penetration into targeted hydrogen-suitable fleet segments represents a significant long-term opportunity.

Collectively, these activities continue to progressively de-risk H2X’s pathway toward commercial deployment and scalable production.

H2X has also commenced a significant refresh and expansion of your Company’s website this month to better showcase our products, technology, strategy, and positioning within the global hydrogen mobility sector.

Growing Commercial Presence Across Europe

As H2X progresses toward broader commercial deployment, your Company is now actively strengthening its sales and commercial presence across Europe.

Recruitment activity is currently underway to support:

• hydrogen tank sales
• Yarra deployment opportunities
• Paroo pre-orders
• municipal fleet engagement
• hydrogen mobility partnerships

Europe continues to represent one of the world’s most attractive hydrogen mobility markets, particularly across:

• municipal fleets
• industrial transport
• logistics
• waste management
• hard-to-electrify heavy transport sectors

Strategically, H2X continues positioning itself not as a speculative hydrogen concept, but as a practical deployment and integration company capable of delivering real hydrogen fleet solutions.

The first commercial fleet deployments are expected to represent more than engineering milestones. They are intended to convert development activity into operational validation, revenue generation and repeatable deployment pathways.

Australian Government Support Continues to Strengthen

H2X remains extremely grateful for the support received from the Australian Government as your Company continues to grow.

This support has occurred across multiple levels:

• non-dilutive R&D funding
• Austrade-led international delegations
• introductions to European government stakeholders
• engagement with hydrogen clusters
• introductions to municipalities and industrial groups
• support for Australian hydrogen capability internationally

Notably, this support materially strengthens H2X as a business.

The combination of:

• government-backed R&D support
• international trade and diplomatic engagement
• export market introductions
• infrastructure and hydrogen ecosystem access

provides H2X with access and opportunities that would otherwise be extremely difficult and capital-intensive for a company at our stage to independently establish.

The Australian Government R&D Tax Incentive remains strategically important to H2X and continues supporting qualifying domestic and international engineering activities.

Australian Government R&D Support and Overseas Findings

The Australian Government R&D Tax Incentive continues to materially strengthen your Company’s ability to progress advanced hydrogen vehicle engineering while remaining capital disciplined.

H2X currently holds Advance Overseas Findings coverage relating to qualifying international R&D activities for the period 1 July 2023 through to 30 June 2026. This has been particularly important given the highly specialised nature of hydrogen vehicle engineering and the requirement to work with international engineering and production partners across Germany, South Korea and Europe more broadly.

Last month H2X also commenced work on the next submission relating to qualifying domestic and international R&D activities for the period 1 July 2026 through to 30 June 2029.

Your Company continues to work closely with specialist advisers regarding both domestic and overseas qualifying expenditure as H2X progresses increasingly sophisticated hydrogen vehicle, storage and systems integration activities.

Importantly, the ability for H2X to access both domestic and qualifying international R&D support materially improves your Company’s capital efficiency and further reinforces the strategic value of Australian Government support as H2X continues to scale globally.

Austrade Delegations: Germany and Poland

This month, H2X was honoured to participate in Austrade-supported hydrogen delegations across both Germany and Poland leading into next week’s World Hydrogen Summit in Rotterdam.

I would particularly like to thank the Austrade teams in both Germany and Poland for the professionalism, preparation and introductions provided throughout the program.

For a company such as H2X, Austrade plays an extremely important role.

Hydrogen mobility is an industry built around long-term relationships between:

• governments
• municipalities
• infrastructure providers
• industrial groups
• transport operators
• technology partners

The ability for Australian companies to receive trusted introductions into international markets materially accelerates commercial engagement opportunities that would otherwise take years to establish independently.

What is increasingly clear is that hydrogen deployment across Europe is no longer theoretical. Governments and industry are now actively progressing implementation frameworks, infrastructure buildout and commercial deployment pathways.

For H2X, this creates significant long-term opportunity.

Rotterdam – World Hydrogen Summit

This week, H2X will participate in the World Hydrogen Summit in Rotterdam alongside governments, infrastructure developers, hydrogen producers, municipalities, industrial groups and global mobility participants.

Importantly, H2X enters Rotterdam not simply with conceptual ambitions, but with:

• roadworthy hydrogen vehicle capability
• progressing commercial vehicle platforms
• certified hydrogen storage systems
• active engineering programs
• strengthening European relationships
• growing government engagement

For H2X, participation at this level reflects your Company’s continued transition into internationally engaged hydrogen deployment discussions alongside governments, infrastructure providers and industrial participants.

These discussions are focused on the major themes shaping the future hydrogen economy globally.

Participants include senior representatives from major European infrastructure groups, government ministries, hydrogen industry organisations, ports, research institutions and international policy bodies.

The level of engagement being facilitated around H2X continues to reinforce the growing maturity and seriousness of the global hydrogen economy.

Strengthening Governance and Building Confidence

Over the last month, I have appreciated the opportunity to spend time engaging directly with shareholders, potential investors and strategic stakeholders across:

• Sydney
• Melbourne
• Brisbane
• Wellington

These discussions have been particularly valuable to me personally.

While investor meetings naturally involve discussion around strategy, engineering progression, governance and commercial execution, what I have enjoyed most has been the opportunity to better understand the people behind the investment, their backgrounds, perspectives, long-term thinking and belief in what H2X is working to achieve.

As CEO, it is easy to become heavily focused on the operational demands of building a company within an emerging global industry. Spending time directly with shareholders serves as an important reminder that H2X is ultimately being built alongside a community of people who genuinely want to see your Company succeed.

I want shareholders to know that their support, engagement and feedback are genuinely valued and heard.

Recent investor discussions have continued reinforcing that, alongside near-term execution, investors are increasingly focused on the long-term scale potential of deployable hydrogen mobility platforms and the role H2X can play within the global hydrogen transition.

Personally, these interactions continue to provide me with additional motivation and determination to drive H2X toward achieving its maximum potential.

Importantly, the activities undertaken over the past month continue to demonstrate a company progressing operationally, commercially and strategically.

Exchange Engagement and Listing Progression

During the reporting period, I also appreciated the opportunity to personally meet with representatives of the Exchange and work through aspects of your Company’s In-Principal listing application, including discussion around the detailed application of specific listing rules and governance requirements.

The discussions were constructive, professional and reflective of the rigorous review process expected as part of progressing a public market listing application.

H2X does not have any concerns at this stage regarding the progression of the application process and management looks forward to continuing to work collaboratively toward completing the In-Principal listing application process shortly.

Delivery Remains the Core Priority

Despite growing international engagement and commercial expansion activity, your Company’s core operational focus remains unchanged:
delivery.

The progression toward first fleet deployment remains the single most important milestone for H2X.

Real-world vehicle deployment remains the catalyst that validates:

• engineering capability
• operational reliability
• hydrogen economics
• commercial viability
• fleet integration capability

The Board, management team, engineering partners and strengthened governance structure remain highly focused on progressing toward this outcome.

Looking Ahead

The global hydrogen economy continues to mature rapidly.

Governments and industry are increasingly moving beyond policy announcements and into:

• infrastructure deployment
• industrial funding programs
• hydrogen corridors
• fleet decarbonisation pathways
• commercial implementation
• long-term energy security planning

Against this backdrop, H2X continues building the operational foundations required for long-term execution and scalable growth:

• advanced engineering capability
• international manufacturing partnerships
• certified hydrogen systems
• government engagement
• European market access
• expanding commercial and sales capability
• strengthening governance
• progressing commercial deployment pathways

Over recent years, management has remained focused on building the underlying foundations required to support a long-term globally relevant hydrogen mobility business. Increasingly, we believe these foundations are now beginning to align:

• government support
• engineering capability
• infrastructure momentum
• international partnerships
• commercial engagement
• and growing market demand for practical fleet decarbonisation solutions

The hydrogen transition remains a long-term industrial transformation. However, it is increasingly clear that the industry is now moving from concept and policy discussion toward implementation and deployment.

For H2X, the focus remains disciplined execution, commercial deployment and converting the significant groundwork established over recent years into long-term shareholder value.

I also look forward to representing both Australia and H2X Global at the World Hydrogen Summit in Rotterdam this week alongside the Australian hydrogen delegation. The summit provides an important opportunity to continue strengthening relationships with governments, infrastructure groups, industrial operators, investors and international hydrogen stakeholders as H2X continues expanding its global engagement.

Following Rotterdam, I also look forward to meeting with shareholders and investors in Perth the following week as we continue discussing the long-term opportunity and progression of H2X.

Thank you again for your continued support as we continue building H2X Global.

Antony Tolfts

Chief Executive Officer

 

Understanding Hydrogen Refuelling for H2X Global Vehicles in Europe and the UK

As a leading manufacturer of hydrogen-powered vehicles, H2X Global is acutely aware of the importance of accessible and reliable hydrogen refuelling infrastructure for our customers. Although this is not our primary area of expertise, a thorough understanding of the current landscape and future prospects of hydrogen refuelling is essential, particularly in our key markets of Europe and the UK.

Public Hydrogen Refuelling Infrastructure

The hydrogen refuelling infrastructure in Europe and the UK is expanding rapidly. According to recent reports, the market for hydrogen refuelling stations is projected to grow at a compound annual growth rate (CAGR) of 17.5% from 2024 to 2032. This growth is fuelled by the increasing demand for clean transportation and the adoption of Fuel Cell Electric Vehicles (FCEVs). Significant investments from both the public and private sectors are propelling this expansion. As of now, Europe hosts a growing number of hydrogen refuelling stations, with substantial growth plans underway.

Graphical illustration from European Hydrogen Observatory
(https://observatory.clean-hydrogen.europa.eu/hydrogen-landscape/distribution-and-storage/hydrogen-refuelling-stations)

Hydrogen Hub Projects

Hydrogen hubs are collaborative projects designed to concentrate hydrogen production and usage in specific areas, facilitating easier access to hydrogen for various applications, including transportation. These hubs are often located near industrial zones where hydrogen byproducts are readily available, reducing transportation costs and enhancing supply reliability. In Europe, numerous hydrogen hub projects are underway. These hubs not only provide a stable supply of hydrogen but also help integrate hydrogen into the energy grid, making it a more viable and accessible fuel option. For instance, the European Hydrogen Backbone initiative aims to create a pan-European hydrogen transport network, linking hydrogen production sites with major demand centres.

Source: https://observatory.clean-hydrogen.europa.eu/hydrogen-landscape/distribution-and-storage/hydrogen-refuelling-stations

Hydrogen Price Trend

The cost of hydrogen is influenced by various factors, including production methods and market demand. Currently, the levelised cost of producing renewable hydrogen is about 4.5 to 6.5 USD per kilogram. However, this cost is expected to decline to 2.5 to 4.0 USD/kg by 2030 due to technological advancements and economies of scale.

 

Addressing Concerns and Future Outlook

While concerns about hydrogen refuelling infrastructure are valid, it is crucial to recognise the significant strides being made to address these challenges. The growing network of hydrogen refuelling stations, combined with the strategic use of hydrogen byproducts and hub projects, ensures that hydrogen will become increasingly accessible. For potential customers and partners, it is important to understand that hydrogen is already widely available in many areas and that this availability will continue to improve. By leveraging both public infrastructure and localised hydrogen production from industrial byproducts, the barriers to adopting hydrogen-powered vehicles are steadily decreasing.

Advancements in Hydrogen Infrastructure

To support the growing number of FCEVs in Europe, many countries are endorsing the establishment of hydrogen refuelling stations. The Alternative Fuel Infrastructure Regulation (AFIR) requires deploying hydrogen refuelling stations from 2030 onwards in all urban nodes and every 200 km along the TEN-T core network. By May 2023, Europe had 178 operational hydrogen refuelling stations, a tenfold increase over ten years, with the majority using 700 bar dispensers suitable for H2X vehicles.

European infrastructure hydrogen projects: The REPowerEU Plan introduced actions to rapidly accelerate the green transition. To expedite hydrogen project development, REPowerEU set a target of 10 million tonnes of domestic renewable hydrogen production and 10 million tonnes of imports by 2030. Accelerated efforts are needed to deploy hydrogen infrastructure for producing, storing, importing, and transporting 20 million tonnes of hydrogen by 2030, significantly contributing to decarbonising the economy while ensuring supply security. ENTSOG, GIE, CEDEC, Eurogas, GEODE, GD4S, in cooperation with the European Hydrogen Backbone, initiated a bottom-up process to gather all relevant hydrogen infrastructure projects, presenting the data in an interactive, user-friendly, and publicly accessible map for stakeholders and policymakers.

Source: The European hydrogen market landscape November 2023 (Report 01) – European Hydrogen Observatory

Hydrogen Fuel Cell Electric Vehicles (FCEV) Market Evolution

The FCEV market in Europe has seen significant growth, driven by the expanding refuelling infrastructure and supportive regulations. The adoption of FCEVs is expected to accelerate as hydrogen refuelling becomes more accessible and cost-effective.

---

Conclusion

At H2X Global, we are committed to delivering cutting-edge hydrogen-powered vehicles that contribute to a sustainable future. While our expertise lies in vehicle manufacturing, we recognise the importance of a robust hydrogen refuelling infrastructure to support our products. The current and projected developments in hydrogen refuelling across Europe and the UK, combined with the innovative use of industrial hydrogen byproducts, provide a solid foundation for the growth of hydrogen-powered transportation. We encourage our readers to explore the resources provided, such as the European Hydrogen Observatory and H2-Map, to stay informed about the expanding hydrogen refuelling network. Together, we can drive the adoption of clean energy and pave the way for a zero-emissions future.

At H2X Global, we’ve invested in developing the world’s best hydrogen powertrain technology, designed to be both modular and scalable. This makes our technology adaptable across a diverse range of commercial vehicles, from our relatively compact Warrego 4×4 to large 18-ton trucks and buses. Our innovative approach ensures that our hydrogen management systems can be seamlessly integrated into various vehicle platforms, providing flexibility and efficiency without compromising on performance.

Pioneering Hydrogen-Powered Vehicles

H2X Global pioneers the world’s sole hydrogen-powered 4×4 vehicles, showcasing a blend of innovation and sustainability. Our lineup includes retrofitted hydrogen-powered trucks, ingeniously converted from internal combustion engines, and newly developed fuel cell electric platform vehicles. Our engineering, production, and design concepts prioritize environmental friendliness.

Versatility Across Vehicle Platforms

Our hydrogen technology’s modular nature allows it to be effectively applied to different vehicle types. From light-duty pickup trucks like the Warrego to heavy-duty commercial trucks and buses, H2X’s versatile solutions meet the needs of various market segments, providing sustainable and zero-emission solutions for a wide range of transportation applications.

H2X Model Lineup

Model	Type
Warrego	Ute / Pick Up
Paroo	3.5 and 5 tn
Yarra	18 tn
Swan	Bus
Darling	Configurable light commercial, including Van/Taxi

Key Features of H2X Technology

Feature	Description
Software Design	Complex coding optimized for efficiency and peak performance, ensuring maximum efficiency and reliability.
Efficient Vehicle Design	Reduced complexity slashes costs while housing critical components such as 700-bar hydrogen tanks, fuel cells, supercapacitors, and electric motors within the chassis dimensions.
Hydrogen Powertrain Design	Perfected process ensuring increased range and longevity, making vehicles reliable for long-term use.
H2-XCap Incorporation	Enhances energy storage and management, ensuring smooth and efficient power delivery.
Type IV Carbon Fiber Hydrogen Storage Tanks	Lightweight and high-strength tanks store hydrogen at 700-bar pressure, maximizing vehicle range while maintaining safety standards.

Key IP Technology and Know-how

Technology	Description
Vehicle Control Unit (VCU)	Developed and controlled by H2X for seamless integration and reliability.
High-Pressure Hydrogen Tanks	Patented 700-bar tanks, tested by the US military, ensuring top-notch safety and durability.
H2-XCap	Newly developed H2-XCap providing superior energy performance and reliability.

Advantages of H2X’s Fuel Cell Electric Vehicles (FCEVs)

Advantage	Description
Comparable Refuelling Times	Refuelling takes only 5-15 minutes, similar to diesel vehicles, providing minimal downtime.
Extended Range	Capable of achieving 250-500 km (city driving) on a single refuel, rivalling traditional diesel vehicles.
Environmentally Friendly	Zero emissions with water vapor as the only by-product, significantly reducing environmental impact.
Longevity	Designed for a lifespan of 20-30 years, ensuring long-term reliability and lower total cost of ownership.
Refueler Capacity	Efficiently services up to 10 units per hour, maintaining operational efficiency for fleet operators.

Join Us in Driving the Future

With our cutting-edge hydrogen technology, H2X Global is set to revolutionize the automotive industry, join us on this journey towards a cleaner, greener future. Together, we can drive the future of sustainable transportation.

For more information, visit our website: H2X Global

#H2XGlobal #HydrogenMobility #ZeroEmissions #SustainableTransport

H2X Global’s 3.5-Tonne Hydrogen Fuel Cell Light Truck

Zero Emission Hydrogen Vehicles: Leading the Future of Commercial Transport

H2X Global Limited is at the forefront of the zero-emission vehicle revolution, with our groundbreaking hydrogen Fuel Cell Electric Vehicles (FCEVs). One of the most demanded vehicles in our lineup is the Paroo, a versatile light truck available in 3.5 T and 5 T variants, now open for pre-order on the H2X website.

Zero Emissions, Maximum Impact

H2X’s Paroo truck epitomizes sustainable logistics, merging the durability required for commercial use with state-of-the-art zero-emission technology. As businesses globally transition to greener operations, the Paroo offers a reliable, eco-friendly solution without compromising performance.

Seamless Integration with H2X Technology

H2X’s modular technology allows us to seamlessly integrate our proprietary fuel cell (FC) system across our range of vehicles. This integration preserves the vehicle’s electrical and CAN/BUS systems, transforming it into a zero-emission powerhouse tailored to meet specific needs. For instance, Renova, a waste management company in Sweden’s Greater Gothenburg Area, has chosen Paroo trucks with adaptable rear boxes, custom-made for various requirements such as refrigeration units, delivery boxes, and mobile workshops. This adaptability demonstrates the Paroo’s flexibility to fulfill diverse customer applications.

Versatility and Unmatched Flexibility

he Paroo’s design incorporates the fuel cell system within the vehicle’s frame, enabling conversion for a wide range of applications while maintaining range and minimizing environmental impact. The hydrogen-electric powertrain allows for precise energy customization, distinguishing the Paroo from traditional internal combustion engines and battery electric vehicles (BEVs).

Applications for Paroo Trucks:

Utilisation and Longevity

The Australian Federal Budget for 2024-25 announced significant advancements for the hydrogen industry, reinforcing Australia’s ambition to become a global leader in clean energy and the net zero transition. This article summarises the highlights and implications for Australian companies within the hydrogen sector. 

ONE Economic Context and Budget Overview

Amid global economic uncertainties, Australia’s Federal Budget for 2024-25 managed to achieve a surplus. Although a deficit is forecast for next year due to increased spending in health, aged care and defence, the budget strategically invests in renewable energy, particularly hydrogen. This underscores the government’s commitment to positioning Australia at the forefront of renewable energy innovation.

TWO Clean Energy Funding

The Australian Renewable Energy Agency (ARENA) has been tasked with a suite of new funding programs to administer under which green hydrogen production and use continues to be a focus. The $1.7 billion Future Made in Australia Innovation Fund supports innovative projects in the renewable hydrogen sector and other clean energy technologies. A further $1.5 billion has been allocated to ARENA’s core funding programs which invest in renewable energy and related technologies. These investments in innovation, skills transfer, and infrastructure are crucial for technological advancement and industry growth.

THREE Hydrogen Headstart Program

Continuing the Budget’s clean energy focus, the Hydrogen Headstart program announced in the prior year Budget now receives an additional $1.3 billion. The program is designed to bridge the green premium for early-mover hydrogen projects, propelling Australia’s hydrogen industry forward by offering competitive production contracts to support renewable hydrogen production.

FOUR Financial Incentives and Tax Reforms

Several tax incentives are introduced to benefit businesses in the clean energy sector. A new tax incentive to incentivise hydrogen production will provide $2 per kilogram of renewable hydrogen produced. Together with the Critical Minerals Production Tax Incentive, the program will apply to production between 1 July 2027 and 30 June 2040.

SIX Strategic Implications for Australian Companies in the Hydrogen Sector

The budget’s focus on hydrogen and clean energy presents significant opportunities and strategic imperatives. Financial support and infrastructure investments will reduce operational costs, enhance market readiness, and accelerate the commercialisation of hydrogen-powered vehicles. Additionally, aligning federal policies with global clean energy trends positions Australian companies to expand their market reach both domestically and internationally within the growing hydrogen economy.

Conclusion

The 2024-25 Federal Budget demonstrates the Australian government’s strong commitment to clean energy and the hydrogen industry. This commitment represents a significant step toward making Australia a renewable energy superpower, with hydrogen playing a pivotal role.

Written by
Rebecca Barnes (RSM), Antony Tolfts (H2X) & Magnus Olsson (H2X)

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About H2X Global

Zero emissions, extended driving ranges, and 5-minute refuelling times—H2X Fuel Cell Electric Vehicles are setting new standards in commercial transportation. Featuring the world’s only hydrogen-powered 4×4 and a proprietary battery-free power system, H2X leads the charge toward a cleaner, more efficient future in transport.

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About RSM

RSM is one of Australia’s leading professional services firms, offering a range of business services from over 30 offices across the nation. Awarded “Best Accounting and Consulting Firm” by Australia’s Client Choice Awards for the last 6 years in a row, the company is deeply committed to its clients and to excellent service.

 

In an ambitious move to reframe the capability of Hydrogen powered vehicles, H2X developed the Warrego, a Zero Emission 4×4 Pick-Up / Ute designed to surpass the performance of traditional internal combustion engine (ICE) vehicles. The Warrego is now available for pre-order at https://h2xglobal.com/ .

Engineering Excellence and Strategic Base Selection

H2X’s vision for the Warrego was to deliver a hydrogen-powered vehicle that outperforms traditional ICE vehicles. The goal was to deliver a zero-emission vehicle with all the quality, performance, and load-carrying capacity that drivers have enjoyed from traditional ICE vehicles that have over a century of existing refinement. The project initially focused on the dynamic pick-up / Ute market, applicable to a wide range of commercial and retail drivers.

H2X selected the Ford Ranger as the base vehicle due to its global popularity, reliability, and strong Australian roots, just like H2X. When Ford introduced the latest Ranger model, H2X adopted the updated vehicle and leveraged its enhanced features, styling, and capability. The latest Ranger’s chassis, with increased length and width, updated internal communication standards (CAN/FD instead of CAN/BUS), and the latest technology, provides an even better platform for the Hydrogen powered Warrego, ensuring H2X remains an innovation leader.

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Advanced Fuel Cell Integration

Automotive development involves repeated and precise testing at component, system, and vehicle levels. After extensive testing of different fuel cell systems, electric motors, and inverters, H2X’s data proved that Toyota’s fuel cell was the best for efficiency and performance. This full load-following fuel cell, was initially paired with small Li-ion battery packs, which will be replaced by the latest supercapacitor cells in production models to enhance performance, efficiency, and recyclability.

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Performance and Powertrain Optimization

A primary objective for the Warrego was to achieve road speeds and acceleration comparable to the ICE Ford Ranger. H2X’s data-driven approach, led by an industry-leading team, identified a high-performance motor and inverter combination. Warrego drivers enjoy a driving range of 400 km with a top speed usually limited to: 130 km/h and acceleration from 0 to 100 km/h in under 10 seconds. By integrating supercapacitors H2X vehicles can store more power from regenerative braking, particularly useful when you find yourself in stop-start driving.

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Innovative 4WD Solution and Hydrogen Storage

To maintain the traditional 4WD experience without the complexity and weight, H2X engineered a gearbox connection to seamlessly integrate with the standard 4×4 setup. This allows familiar driving controls to be retained and ensures a smooth transition for users accustomed to ICE vehicles. The hydrogen storage, providing fuel to the fuel cell and ensuring a range of 400 km, is an H2X-designed proprietary technology. Positioned under the bed behind the rear axle, these bulletproof tanks provide a safe and effective energy source with a design that ensures efficient space utilization and optimal weight distribution, maximizing the vehicle’s performance and handling.

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Market-Ready Innovation

The opening for pre-orders of the Warrego marks a significant moment for H2X, offering the market the first Hydrogen powered 4×4. The Warrego delivers a driving and refuelling experience similar to traditional ICE vehicles, allowing Warrego drivers to refuel and continue with minimal disruption. This innovation meets the demands of current pickup truck users and sets a new standard for sustainability and efficiency in the automotive industry.

By introducing the Warrego 4×4 to the market, fleet owners and professional users can now participate in the transition from fossil fuels to zero-emission alternatives, without sacrificing transportation capacity or requiring longer transportation times or additional vehicles due to prolonged electric charging. With fewer moving parts in the fuel cell and powertrain setup, acquiring an H2X product will result in lower maintenance costs and fewer service issues compared to traditional ICE vehicles.

Conclusion

By successfully integrating advanced hydrogen and supercapacitor technology into a widely popular vehicle platform, H2X’s Warrego 4×4 offers a robust product that exceeds contemporary performance standards and consumer expectations with zero emissions.

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Open for Pre-Orders

Pre-order your Warrego now at: https://h2xglobal.com/ .

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About H2X Global

Zero emissions, extended driving ranges, and 5-minute refuelling times—H2X Fuel Cell Electric Vehicles set the standard for commercial transportation. Offering the world’s only hydrogen-powered 4×4 and a proprietary battery-free power system, H2X drives to the future.

H2X – Improve Earth.