Industrials, Technology Author: Boying Ji Editor: Tao Ni May 12, 2022 11:51 AM (GMT+8)

JustPower Focus on the R&D and production of hydrogen energy industrial vehicle engine systems, and is committed to creating an overall green handling system with hydrogen energy as the core in industrial production.

Hydrogen energy

JustPower Focus on the R&D and production of hydrogen energy industrial vehicle engine systems, and is committed to creating an overall green handling system with hydrogen energy as the core in industrial production. 

Tianjin JustPower Technology (JustPower, Chinese: 新氢动力) announced its Series A funding round worth tens of millions of CNY on May 11th, with participation by Rongyi Investment and Win Harbor Capital, business registration information portal TianYanCha.com showed. 

About JustPower’s investors, Rongyi Investment is a fast-growing industrial investment institution that focuses on the two major fields of hard technology and digital technology. Win Harbor Capital is a professional private equity fund management institution jointly established by state-owned capital, senior investors, and other social capitals. 

The pattern of 3+2 hydrogen fuel cell vehicle demonstration city clusters has been formed, and the development of China's hydrogen energy industry has entered a fast course. Industries like warehousing, cold chain, and logistics have rigid requirements for exhaust emissions, fast charging, and continuous operation, said Chen Xing of Win Harbor Capital. 

Hydrogen fuel cells have the characteristics of no pollution, no noise, high efficiency, and fast charging, which can meet the rigid requirements of the industry. Therefore, hydrogen fuel cells Fuel forklifts have become the best solution at present, Chen added. 

Founded in 2019, JustPower is the first hydrogen energy company in China, which focus on hydrogen fuel cell industrial vehicles, and has taken the lead in realizing industrialization, marketization, and batch delivery. 

The company’s products can be applied to a full range of hydrogen energy forklifts from 1 to 32 tons, 32 tons of hydrogen energy trailers, 49 tons of hydrogen energy heavy trucks, 18 tons of hydrogen energy sanitation vehicles, and other types of industrial vehicles, according to tech news portal Lieyunwang.com.