Automotive and power unit company based in Australia - H2X Global has established a JV with the leading Indian automotive components manufacturer catering to passenger car, commercial vehicles and Two-wheeler, ADVIK Hi-Tech, to develop products and components for hydrogen vehicles and powered products for India and the global market.
Over the past year, the two companies have been working together to explore opportunities for hydrogen in the Indian market, and with the green hydrogen revolution emerging, the JV is launched to position both players within that.
A press release from ADVIK said the vehicles and components have been designed and developed by the H2X Global design team, and production is scheduled to start immediately to cater for the rapidly growing demand for hydrogen-powered equipment and vehicles in India.
H2X is driven by a team with over 20 years of experience in Europe and Asia with the development of Fuel Cell and hydrogen vehicles and power systems and currently developing several customer delivery programmes for fixed power generation and vehicles in Europe, Australia, South East Asia, Africa and South America.
H2X and ADVIK will begin the production of H2X’s series of fuel cell-powered generators. H2X currently has several of these units in deployment in Australia. The first generators manufactured by the joint venture will be put into service with a large-scale power system providing emission-free power for ADVIK’s state-of-the-art R&D centre located in Pune, India, the release said.
Aditya Bhartia, Managing Director, ADVIK Hi-Tech, said, “India is destined to be a leader in the hydrogen industry with strong support from the government and industry. As a company which has always been ahead of the curve, we are aggressively pushing into the hydrogen space as a core growth area for our company and as a leader of this movement in the country. We have great confidence in the product range from H2X as being one with several key opportunities to support to the deployment of hydrogen in the Indian Market and together with our local knowledge and expertise we see great opportunity to develop this for the acceleration of the Indian Clean Energy movement.”
ADVIK will become a major supplier of products and components to H2X on a global level, using the significant power of the company as a leading supplier in the automotive industry. ADVIK will also be launching distribution activity for products from H2X through the JV, capitalising on the local knowledge and network of the company.
Brendan Norman, CEO of H2X believes that the Indian market is critical to the long-term success of the Hydrogen Industry and that the partnership with ADVIK will be critical to the growth of the company. “We have long believed India is one of the great manufacturing powers of the world and we have found a great player in the automotive industry in ADVIK. The cooperation between our companies gives us great strength in being able to address India but also to provide us with a strong manufacturing backbone to support our production activities in Australia and other parts of the world as well,” Norman added.
The first products from the JV will be delivered to the market within a few months, with the power system in Pune being the highlight of the venture’s launch. In showing this the venture will stake its claim as one of the leaders in the upcoming hydrogen revolution.