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Hexagon Composites Regulatory Filings 2021

Nov 18, 2021

3619_rns_2021-11-18_555907c0-44d7-4a78-a903-ea1c15baced8.html

Regulatory Filings

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Hexagon Purus to provide a leading provider of propulsion solutions with zero-emission trucks - continuing the drive toward zero-emission commercial transport

Hexagon Purus to provide a leading provider of propulsion solutions with zero-emission trucks - continuing the drive toward zero-emission commercial transport

Hexagon Purus has been awarded a contract from a leading designer of hybrid

electric and fully electric vehicle propulsion solutions, to deliver three

battery electric trucks for testing of their next generation drivetrains.

Hexagon Purus will provide fully integrated vehicle drivetrains including its

proprietary ProPack(TM) high energy density battery pack, and power electronics

for one Class 6 and two Class 8 trucks.

The total sales value of the contract is approximately USD 1.7 million (approx.

NOK 15 million).

Driving energy transformation

"This project involves us in the development of leading-edge propulsion

technology, showcasing our proprietary battery packs and battery management

systems," says Todd Sloan, EVP Systems, Hexagon Purus. "We are pleased to

contribute to ground-breaking work with propulsion solutions for zero-emission

transportation."

Timing

The trucks will be delivered in Q1 2022.

For more information, please contact:

Todd Sloan, President, Hexagon Purus Systems

Telephone: +1 250-470-8232 | [email protected]

Karen Romer, SVP Communications, Hexagon Composites ASA

Telephone: +47 950 74 950 | [email protected]

About Hexagon Purus ASA:

Hexagon Purus, a Hexagon Composites company, is a world leading provider of

hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems

integration for fuel cell electric and battery electric vehicles. Hexagon Purus

enables zero emission solutions for light, medium and heavy-duty vehicles,

buses, ground storage, distribution, maritime, rail and aerospace applications.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and

LinkedIn.