World News: 10:00 GMT Wednesday 11th September 2019. [dynaCERT Inc. via Globe Newswire via SPi World News]
TORONTO, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) is pleased to report on the notable field trial results of the Company’s new HG2 HydraGEN™ Technology as verified through the Company’s proprietary HydraLytica™ telematics device.
The smaller HG2 on-demand hydrogen delivery system complements the Company’s well-established HG1 models. While the HG1 models are appropriate for larger diesel displacement engines of 8 to 16 Litres, the newest HG2 model opens up market for the smaller displacement diesel engines and, possibly in the future, for gasoline engines.
In July 2019, the HG2 units were installed on two Taylor-brand School Buses, a 2005 and 2015, each powered by a 6.7 Litre diesel engine, each engine from a different manufacturer. The buses were used on school bus itineraries in Southern Ontario and accumulated more than 2,000 kilometres (driving stop and go along typical school bus routes) during the 2-month proof-of-concept period. The data from the HydraLytica™ telematics device recorded that the buses achieved an average reduction in fuel consumption of 13.8% and 15.5%, respectively. Of significance, the NOx levels were reduced 48% and 52%, respectively. The NOx level was measured by a Portable Emissions Measuring System (PEMS). The PEMS measured the exhaust at the end of the tailpipe where it most affects the immediate air environment at the ground level near where school children might be exposed to NOx, a dangerous, deadly gas emitted by diesel engines.
Approximately 18,000 School Buses travel 2 million kilometres in Ontario, every school day.
According to a 2014 National Association for Pupil Transportation report, School Bus carriers operate the largest mass transportation fleet in the USA. Each day, 480,000 yellow school buses travel the roads in the USA. This is a very significant market for when compared to the 140,000 total transit vehicles, 96,000 of which are buses; the motor coach industry, with 35,000 buses; commercial airlines with 7,400 airplanes; and rail with 1,200 passenger railcars.
Another HG2 unit was installed in June 2019 on a 2013 luxury passenger SUV vehicle with a 3.0 Litre diesel engine as is typical for such vehicles. The vehicle had an odometer reading of 225,000 kilometres (140,000 miles) and a baseline fuel consumption of 8.1 Litres per 100 kilometres (29 mpg) without ’s HydraGEN™ Technology. The fuel consumption, in the trial period of July and August 2019, was reduced when used with ’s HydraGEN™ Technology to an average of 7.1 Litres per 100 (33.2mpg) over the 8-week period. The lowest fuel consumption with the HydraGEN™ Technology recorded was 6.3 Litres per 100 kilometres (37.4mpg) after the break-in period.
In North America there were approximately 8.1 million diesel powered passenger vehicles on the road in 2015.
In September 2019, the HG2 unit was installed on a 2012 passenger 4-door sedan with a 3.5 Litre gasoline engine. The vehicle lifetime baseline fuel consumption of 12.3 Litres per hundred kilometres (L/100 km) (19.1 mpg) over a distance of approximately 2200 kilometres (1350 miles). The fuel consumption was reduced 11% to an average of 11.1 Litres per hundred kilometres (L/100 km) (or 21.2 mpg).
In 2017, in North America there were approximately 275 million gasoline powered passenger vehicles on the road.
Robert Maier, COO and Chief Engineer for stated: “The opportunity for HydraGEN™ Technology units to be installed on all types of engines opens the market potential for to be a significant world-wide contributor to the reduction of Greenhouse Gas Emissions (GHG’s). When our HydraGEN™ units include our HydraLytica™ telematics for Carbon Credit reporting, we can truly provide the transportation industry with a recurring revenue generating device that helps save the planet.”
The HG2 unit is appropriate for those smaller displacement engines used in Buses, Refrigerated Trailers and Containers, Mobile Construction Equipment, Small Generators and Smaller Trucks commonly found outside of North America, such as in European countries and in India. This market size represents approximately 20 million applications in North America and similar sized market opportunities in each of the European and Asian markets.
Jim Payne, CEO & President Inc.#101 – 501 Alliance Avenue Toronto, Ontario M6N 2J1 +1 (416) 766-9691 x 2
Investor Relations Inc. Nancy Massicotte +1 (416) 766-9691 x 1
Globe Newswire: 10:00 GMT Wednesday 11th September 2019
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