BUSINESS

HANDAL'S UNIT TO JOINTLY DEVELOP HYDROGEN PAIRED ELECTRIC RACE CAR

10/10/2019 11:05 AM

KUALA LUMPUR, Oct 9  -- Handal Energy Bhd’s (Handal) wholly-owned subsidiary, Handal Energy Solutions Sdn Bhd, is making its maiden foray into the renewable energy segment by signing a memorandum of agreement (MOA) to jointly develop a hydrogen-paired electric race car (HyPER) in Malaysia.

In a statement today, Handal said the MOA was signed together with NanoMalaysia Bhd, Pulsar UAV Sdn Bhd (Pulsar), MNA Energy Sdn Bhd (MNA Energy) and Wheelspin Motorsports.

It said ​​​​HyPER will be powered by NanoMalaysia’s Hydrogen and Hybrid Energy Storage System, which pairs on-board hydrogen generation technology with graphene-based ultracapacitor, which is being co-developed together with Pulsar and MNA Energy.

Handal’s chairman Tengku Baderul Zaman Ibni Sultan Mahmud said the venture is part of the group’s  strategic plan to build a sustainable business in accordance with the environmental, social and governance criteria.

“The technologies developed for HyPER will be able to solve certain issues related to the electric vehicle industry,” he said, adding that the group has completed its research and development process and is currently planning to build the first prototype.

-- BERNAMA


 


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 IFLIX channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2024 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy