EQS-News KION Group To Develop and Produce Its Own Fuel Cell Systems for Industrial Trucks

• Intralogistics group begins production of hydrogen propulsion systems
• KION Group plans to invest more than €11 million in this technology
• Launch of a 24 V fuel cell system planned for Spring 2023, with other systems to follow
• Advantages over other energy sources: Lower emissions and more sustainable drive with quick tank filling
• CEO Smith: “As of today, KION will be the only forklift manufacturer in the European market to produce its own fuel cells, something that truly sets us apart.”

Frankfurt am Main, January 11, 2023 – The KION Group is expanding its hydrogen propulsion range. The global intralogistics group will soon develop and produce its own fuel cell systems for its industrial trucks. The company is going to invest more than €11 million in this technology. The KION Group plans to launch its own 24 V fuel cell system for warehouse equipment to the market in spring 2023. Completion of the fuel cell portfolio is expected to follow in the coming years. This means that the KION brands will soon be able to offer their customers everything they need from a single source: the forklift, the fuel cells, and the associated service.

“As of today, the KION Group will be the only manufacturer of forklifts and warehouse equipment in the European market to produce its own fuel cells, something that truly sets us apart,” says Rob Smith, CEO of the KION GROUP AG. “There is huge demand from our customers and we hope that this technology will allow us to meet ever-increasing calls for intralogistics to become more resource-conscious and sustainable, while at the same time also meet demands for rapid refueling.”