OMV AG

OMV
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OMV to Supply Hydrogen to Oesterreichische Post in Green-Transport Test

02/24/2021 | 04:58am

By Joshua Stein

OMV AG has signed a memorandum of understanding with Oesterreichische Post AG to provide it with green hydrogen amid a partnership to promote hydrogen use in heavy-goods vehicles, the two companies said Wednesday.

Austrian post service Oesterreichische Post is planning to introduce test hydrogen-powered vehicles and to integrate them into its existing fleet of trucks, the companies said. The initiative is open to additional companies looking to cooperate in the field of hydrogen, they said.

OMV --which is one of several partners that will provide green hydrogen and infrastructure as part of the partnership-- is also set to invest in an electrolysis unit at its site in Schwechat, Austria, the companies said. The companies added the first deployment of green hydrogen in trucks is planned for no later than 2023.

The companies said they are aiming to have 2,000 hydrogen-powered-trucks operating in Austria for different firms by 2030. They didn't disclose any financial details.

Write to Joshua Stein at joshua.stein@wsj.com

(END) Dow Jones Newswires

02-24-21 0457ET

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