By Chris Martin, Bloomberg News
FedEx Corp. has begun delivering packages in upstate New York with its first hydrogen-powered van in North America.
The roll-out is a milestone for hydrogen vehicles, which are emission-free but have struggled to attain the success of hybrids and plug-in electric vehicles. That’s largely because there isn’t a network of hydrogen filling stations. Now the technology is catching on in forklifts, buses and other vehicles that return to a central fueling depot. “This is one way we’re working to revolutionize transportation,” Mitch Jackson, chief sustainability officer at FedEx, said in a statement Tuesday.
FedEx’s van is powered by a fuel cell that converts hydrogen into electricity, running a virtually silent engine that emits only a trickle of water as a byproduct. It was built by an Ohio company called Workhorse Group Inc., using a fuel cell from Plug Power Inc.The van will refuel at a station in Latham, New York, where Plug is based. The company rose 0.6 percent to $1.84 a share at 10:26 a.m. in New York.
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