Hytekocean and Intelligent Energy sign MoU to establish a Strategic Partnership
Loughborough – 18th May 2023 – On the 16th of May, David Woolhouse, CEO of Intelligent Energy Limited (IEL) and Rui Chen, CEO of Hytekocean, signed a Memorandum of Understanding (MOU) formalising the partnership between the two companies.
The signing ceremony took place during a visit to the production base of Hytekocean in Shanghai Lingang International Hydrogen Energy Valley where Hytekocean has established a new facility for fuel cell production and testing, as well as research and development.
China’s hydrogen energy industry is undergoing rapid growth and this MOU outlines the co-operation between the two companies to offer the full range of IEL’s fuel cells to Chinese customers who want high performance fuel cell technology for both stationary and motive applications.
David Woolhouse, CEO of Intelligent Energy Limited said,
‘China has long been a key market for Intelligent Energy. This new agreement will allow us to offer our fuel cell products to a wider customer base, adding to our existing relationships with Chinese OEMs. We are really pleased to be working with Hytekocean, this partnership will help us take our products to new customers and new sectors in China.’
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About Intelligent Energy Limited
Intelligent Energy Limited is focused on the development and manufacture of its lightweight hydrogen fuel cell products ranging from 800W to 300kW+ for customers in the automotive, aerospace, generator, telecoms, materials handling and unmanned aerial vehicle (UAV) sectors. The company is headquartered and manufactures in Loughborough in the UK, with additional offices and representation in the US, Japan, China and South Korea.
Hytekocean is a leading R&D and production enterprise of hydrogen fuel cells in Shanghai Lingang New Area. Based on 30 years R&D experience of fuel cell technology at Loughborough University in the UK, Hytekocean has independent R&D and manufacturing capabilities of fuel cell core components and has developed a range of products including hydrogen fuel cell bipolar plates, stacks and fuel cell power systems, applying in various scenarios such as hydrogen vehicles, hydrogen ships, cogeneration of heat and power and hydrogen agricultural machinery. Hytekocean is committed to building a leading hydrogen fuel cell industry base and building an “alliance across the whole industry chain”, to promote the development of hydrogen industry.