ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Nuvera Partners with Dayco to Offer Comprehensive Fuel Cell Vehicle Solutions

By: via AccessWire

BILLERICA, MA / ACCESSWIRE / March 9, 2022 / Nuvera Fuel Cells, LLC, a manufacturer of heavy-duty, zero-emission fuel cell engines for on- and off-road mobility and other applications, has entered into a strategic relationship with Dayco, a leading engine products and drive systems manufacturer for the automotive, heavy-duty, and industrial market segments, to provide fully integrated fuel cell solutions for commercial vehicles.

Nuvera's unique patented controls and flexible applications architecture for fuel cells, along with Dayco's capabilities and products for high-performance propulsion systems, are expected to allow for improved system performance, durability, and reliability with high quality assurance and scalability.

"With ever-tightening regulations in the US, Europe, and Asia, there is a critical need for zero-emission power solutions for commercial vehicles in trucking, public transit, and many off-road sectors that meet highly demanding performance requirements. Nuvera's commercially available fuel cell packages delivers high efficiency, reliability and durability," said Lucien Robroek, CEO of Nuvera. "Coupled with Dayco's engineering services and automotive componentry, we are providing our customers a direct path to adoption of fuel cell-powered vehicles and machinery."

Dayco is a Tier 1 vehicle integrator providing vehicle performance and energy management services. Dayco's unique offering provides advanced zero-emission propulsion solutions built around Nuvera's eighth-generation fuel cell stack technology, integrated into a power system with balance-of-plant components and embedded controls.

"Dayco's energy control management and integration competencies, coupled with Nuvera's decades of experience in fuel cell technologies for motive applications, will allow us to provide a highly optimized and efficient zero-emission integrated fuel cell power system for commercial vehicles, industrial, material handling, and off-highway applications with best-in-class performance and durability," stated Wouter Nijenhuis, Executive Vice President of OE Sales and Business Development at Dayco.

Fuel cell electric vehicles combine the zero-emission characteristics of battery-only EVs with advantages associated with conventional internal combustion engine vehicles, providing comparable range and refuelling time along with the simplicity of electric drivetrains. Dayco and Nuvera are committed to delivering sustainable integrated fuel cell system solutions for off-highway, heavy-duty and light-duty applications across the globe.

About Nuvera Fuel Cells, LLC

Nuvera Fuel Cells, LLC is a manufacturer of heavy-duty, zero-emission engines for mobility applications. With teams located in the U.S., Europe, and Asia, Nuvera provides clean, safe, and efficient products designed to meet the rigorous needs of industrial vehicles and other transportation markets.

Nuvera is a subsidiary of Hyster-Yale Group, Inc., which designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names. Hyster-Yale Group is a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE: HY). Hyster-Yale Materials Handling, Inc., and its subsidiaries, headquartered in Cleveland, Ohio, employ approximately 8,100 people worldwide.

For more information about Nuvera, visit the Company's website athttps://www.nuvera.com/.

About Dayco

Dayco is a global leader in the research, design, manufacture and distribution of essential engine drive systems and aftermarket services for automotive, truck, construction, agriculture, and industrial applications.

Through our expertise in transferring power quietly and efficiently, Dayco has emerged as the leading global system solutions provider for hybrid electric vehicles. Dayco's 100+ years of experience in drive systems allows us to equip all customer applications around the world with the most effective drive systems to meet customer-specific performance requirements. Dayco's world-class global distribution network services the aftermarket industry with a full offering of kits and products to meet each local market's need. We accomplish this with a dedicated global team that respects one another, shows humility through continuous learning, and acts like owners in everything we do.

Dayco has more than 40 locations in 22 countries and over 3,600 associates. For more information about Dayco, visit the Company's website at www.dayco.com

MEDIA CONTACT:

Alison Boghosian
Mower
860.922.3887
aboghosian@mower.com

SOURCE: Nuvera



View source version on accesswire.com:
https://www.accesswire.com/692084/Nuvera-Partners-with-Dayco-to-Offer-Comprehensive-Fuel-Cell-Vehicle-Solutions

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.