FTXT Energy Technology, a subsidiary of China’s Great Wall Motor (GWM), has signed a Memorandum of Understanding (MoU) with an Oman company Synergy. The partnership aims to develop the hydrogen energy market in the Middle East.
Under the MoU, both companies will work together on research, development, production, sales, and support services for hydrogen fuel cell commercial vehicles. This includes setting up technical support and after-sales service operations in Oman and other countries in the region.
FTXT plans to use its expertise in hydrogen fuel cell technology to support Synergy with advanced hydrogen energy products and vehicles. Synergy will focus on local market development and operations in Oman. The companies plan to create demonstration operations for hydrogen fuel cell vehicles in Oman within the next two to three years. They will also work on building hydrogen energy infrastructure and exploring applications of hydrogen in various industries.
FTXT specializes in developing and producing fuel cell systems and hydrogen storage components. The company operates five research and development centers located in Shanghai, Baoding (China), Canada, Japan, and Germany. Its products include fuel cell engines, hydrogen storage systems, and related components such as on-tank valves and pressure regulators.
Great Wall Motor (GWM), the parent company of FTXT, is a leading Chinese manufacturer of SUVs and pickup trucks. The company has been increasing its presence in the global electric and hydrogen vehicle markets. Through this partnership, the companies aim to promote the use of hydrogen energy vehicles in the Middle East. They also plan to support the region’s green energy transition and the development of the hydrogen energy industry.