This Startup With A Better Way To Fuel Hydrogen Trucks Snags Its First Big Fundraise

Jules Verne News

This Startup With A Better Way To Fuel Hydrogen Trucks Snags Its First Big Fundraise
HydrogenTrucksElectric Trucks
  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 63 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 59%

I write about advanced transportation and climate-oriented technology. I also co-author the Current Climate newsletter.

Verne , founded by Forbes 30 Under 30 alums, has raised a total of $15.5 million to help get its cheaper, lighter tanks and hydrogen fueling system out of the lab and into production. Verne , a San Francisco startup that’s developing a cheaper, lighter tank and fueling system to help semis to match the driving range and hauling ability of dirty diesel big rigs, notched its first substantial funding from private investors to commercialize the technology.

“The goal is to get diesel parity performance – that full 800-plus mile range on your vehicle like you can with diesel and you can carry a full payload like you can with diesel,” he told. “What unlocks that is a higher density form of storage. So instead of having six high-pressure tanks, you can just have two of our tanks mounted on the frame of the truck between the wheels, right where the diesel tanks go today.

Verne's hydrogen fuel tank is designed to be integrated into a semi truck's frame in the same way diesel tanks are.Battery-powered trucks, for example, have extremely heavy, large battery packs that make them thousands of pounds heavier and prevent them from hauling loads of up to 60,000 pounds over distances greater than 300 miles.

Tanks currently used in hydrogen vehicles, from Toyota’s Mirai sedan to Nikola’s Tre FCEV truck, are expensive, heavy components wrapped in layers of carbon fiber around a plastic liner, costing thousands of dollars each. They’re designed to hold the fuel at a super high compression rate of 700 pounds per square inch. Verne’s approach is to chill the hydrogen gas and store it at just 350 PSI in tanks that are made of aluminum, steel and much less carbon fiber.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ForbesTech /  🏆 318. in US

Hydrogen Trucks Electric Trucks Verne Amazon Zero-Emission Nikola

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

On the NHL's doorstep, Ryan Sandelin is only focused on doing better and being betterOn the NHL's doorstep, Ryan Sandelin is only focused on doing better and being betterAfter his second callup to the AHL's Colorado Eagles, forward Ryan Sandelin knows he can still improve the details of his game, even as he continues to turn heads on his team.
Read more »

South Carolina coach Dawn Staley says women's basketball will get 'better and better'South Carolina coach Dawn Staley says women's basketball will get 'better and better'South Carolina coach Dawn Staley said women's basketball will only get bigger after her team's undefeated season and Caitlin Clark's record-breaking run.
Read more »

Winnie-the-Pooh: Blood & Honey 2 Review — Horror Sequel Is Mean & (Almost) Better In Every WayWinnie-the-Pooh: Blood & Honey 2 Review — Horror Sequel Is Mean & (Almost) Better In Every WayBetter script, better kills, still shoddy acting.
Read more »

DSM-Firmenich Partners With Biotech Startup to Create Natural Scent IngredientsDSM-Firmenich Partners With Biotech Startup to Create Natural Scent IngredientsDSM-Firmenich teams with biotech startup Interstellar Lab to develop natural scent ingredients.
Read more »

Shift-Left Data Platforms in Early-Stage Startups: Strategies for Data-Driven SuccessShift-Left Data Platforms in Early-Stage Startups: Strategies for Data-Driven SuccessLeft-Shift Data Platform: How to overcome early stage startup challenges to be Data-Driven
Read more »

China's Taobao working with startup on deliveries by reusable rocketChina's Taobao working with startup on deliveries by reusable rocketChina's Taobao working with startup on deliveries by reusable rocket
Read more »



Render Time: 2025-02-16 06:37:49