PRESS RELEASE
PHOTO CAPTION: Yale pallet movers powered by Plug Power GenDrive fuel cells.

Mercedes Benz Orders 72 Plug Power Fuel Cell Forklift Systems

Hydrogen fuel cells may be refilled in less time than it takes to recharge a battery-powered electric vehicle.

Published: 19-Jul-2012

Plug Power Inc. (PLUG) (PLUG), a maker of fuel cells for electric vehicles used in factories and warehouses, reached its highest level in a month after Mercedes-Benz purchased 72 forklift systems to use in a Tuscaloosa, Alabama, plant.

Plug Power increased 1.7 percent to $1.17 at the close in New York, its highest price since June 14.

Mercedes-Benz, a unit of Germany’s Daimler AG, will use the company’s GenDrive fuel cells to replace lead-acid batteries in a portion of its electric forklift fleet, Latham, New York-based Plug said today in a statement.

Plug said its hydrogen fuel cells may be refilled in less time than it takes to recharge a battery-powered electric vehicle.

Views :5581

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

AC Transit fuel cell hybrid electric transit bus amasses 10,000 hours of operation on original stack.

AC Transit hybrid electric bus sets performance record by running more than 10,000 hours on its original cell stack

Refueling Honda FCX Clarity is compressed hydrogen.

Ammonia borane is a stable solid at room temperature and consists of almost 20 per cent by weight of hydrogen.

Citaro Fuel Cell Bus in Hamburg, Germany

Citaro's improved fuel cell components and the hybridization with lithium-ion batteries result in a reduction of almost 50% in hydrogen consumption

READER COMMENTS

blog comments powered by Disqus