Proton Motor Power Systems (PPS)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 2.45p
   
  • Change Today:
      0.000p
  • 52 Week High: 10.88p
  • 52 Week Low: 2.45p
  • Currency: UK Pounds
  • Shares Issued: 1,661.75m
  • Volume: 0
  • Market Cap: £40.71m
  • RiskGrade: 457

Proton receives initial truck order from Electra Commercial Vehicles

By Josh White

Date: Friday 30 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Hydrogen fuel cell and electric hybrid technology company Proton Motor Power announced on Friday that, further to its memorandum of understanding with Electra Commercial Vehicles as announced on 22 June, it had now received an initial order for a fuel cell 'HyRange' system to be deployed in a functional prototype of a zero-emission electric refuse collection truck.
The AIM-traded firm said the HyRange system, in combination with a hydrogen storage and battery system, would allow "almost continuous" daily operation of the truck.

As it had previously announced, the prototype vehicle was expected to be followed by at least five further vehicles under the initial phase of the memorandum of understanding.

"We are delighted to have commenced our cooperation with Electra under the memorandum signed last month, and look forward to continue to support Electra as it expedites the development of its new range of fuel cell-battery electric trucks that will help meet the increasing demand for zero emission trucks in the UK," said chief executive officer Dr Faiz Nahab.

At 1159 BST, shares in Proton Motor Power Systems were up 2.56% at 46.15p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PPS Market Data

Currency UK Pounds
Share Price 2.45p
Change Today 0.000p
% Change 0.00 %
52 Week High 10.88p
52 Week Low 2.45p
Volume 0
Shares Issued 1,661.75m
Market Cap £40.71m
RiskGrade 457

PPS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
92.55% below the market average92.55% below the market average92.55% below the market average92.55% below the market average92.55% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Income Not Available
Growth
11.77% below the market average11.77% below the market average11.77% below the market average11.77% below the market average11.77% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

PPS Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

PPS Key Personnel

CEO Faiz Francois Nahab
Chair Helmut Gierse
COO Sebastian Goldner

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