First Mode, the pioneering developer and manufacturer of decarbonization products for heavy industry, announces a strategic alliance with Mitsui & Co., Ltd to accelerate heavy industry’s adoption of low-carbon and zero-emissions product solutions at scale.
First Mode’s considerable expertise in powertrain systems electrification and hydrogen technologies, coupled with Mitsui’s global business network, will uniquely equip the alliance to explore new business opportunities that catalyze the integration of First Mode’s Path to Zero™ product line into previously hard-to-abate sectors like mining.
In mining, a typical heavy-haul truck burns about 1 million liters of diesel fuel per year and remains in continuous operation for 10-15 years. Across First Mode’s customer market, over 13,000 of these trucks are in global operation, releasing 35 million metric tons of carbon dioxide annually – the equivalent emissions of 8 million passenger cars per year.
To help the sector (mining) achieve its goal of 85-100% emissions reduction by 2050, First Mode’s Path to Zero™ product line begins with a low-risk hybrid electric vehicle (HEV) retrofit that requires no infrastructure changes and uses regenerative braking to decrease truck fuel use and carbon emissions by up to 25%. From there, the HEV’s interoperable “feed forward” design enables mining companies to complete their fleet conversion to zero-emissions using First Mode’s full battery or next-generation hydrogen fuel cell EV drivetrains at a pace and timeline that they control.
Photo of First Mode
Press release https://shorturl.at/bmt69
