Pure Hydrogen is focused on becoming a leading producer and supplier of hydrogen and hydrogen fuel cell vehicles, such as hydrogen buses and waste collection vehicles. In its March 2023 financial report, the company states it is “well-funded to finance the development of its hydrogen production facilities and fuel cell products.”
As part of its plan to develop a network of hydrogen energy hubs, Pure Hydrogen and its strategic partner Singapore-based clean energy company CAC-H2 are planning to construct a hydrogen plant at Moreton Bay, Queensland, in 2023. The plant will use technology that can convert woody biomass into hydrogen.
Pepsico (PEP) has committed to a hydrogen-powered truck trial program with Pure Hydrogen. The Hydrogen Fuel Cell Powered Prime Mover truck will be displayed at the Brisbane Truck Show in May 2023.