Technology

SHPT Unveils M5 & P5 Series: A New Cutting-edge Solution to Accelerate Large-Scale Hydrogen Energy Adoption

Published

1 hour ago

June 12, 2026

SHANGHAI, June 12, 2026 /PRNewswire/ — On June 10, 2026, SHPT held its “New Core, New Journey” New Product Launch during the 10th International Hydrogen and Fuel Cell Vehicle Congress & Exhibition (FCVC 2026).

The unveiling ceremony was officiated by Mr. Zhang Jinhua, Chairman of the China Society of Automotive Engineers; Prof. Yu Zhuoping, Chairman of Shanghai Intelligent New Energy Vehicle Innovation Platform and Professor at Tongji University; Mr. Zu Sijie, Vice President and Chief Engineer of SAIC Motor; and Mr. Lu Bingbing, General Manager of SHPT.

The event brought together representatives from across the industrial chain, including Zaihe Automotive Technology (Suzhou) Co., Ltd., DECH FUTURE Automotive Technology Co., Ltd., Wind Hydrogen Yang Hydrogen Energy Technology (Shanghai) Co., Ltd., LINGNIU New Energy Technology Shanghai Co., Ltd., Shanghai Kunhua New Energy Technology Co., Ltd., and Shanghai Sunwise Energy Systems Co., Ltd., as well as key overseas clients from Europe.

At the event, SHPT officially launched its latest fuel cell products under the M5 & P5 series–the PROME M5X fuel cell stack and the PROME P5X fuel cell system. The new products drew significant attention and sparked extensive discussion across the industry.

During the exhibition, senior officials visited the SHPT booth, including Mr. Wan Gang, President of the China Association for Science and Technology, and Mr. Zhu Baowei, Director of the Energy Policy Division at the Department of Economic Construction, Ministry of Finance.

Navigating the critical window of industrial transformation, SHPT aims to integrate three strategic arenas: transportation, energy storage, and power generation.

Mr. Zu Sijie emphasized in his address that hydrogen, as a clean and efficient secondary energy source, is pivotal not only to decarbonizing road transport, but also to addressing peak-shaving gaps in new power systems. Through hydrogen-electric coupling and the synergy with wind and solar power, hydrogen effectively overcomes the traditional limitation of being confined to a single application in transportation.

Standing at the critical watershed of industrial transformation, the competitive landscape has undergone a paradigm shift. The focus of industrial competition has evolved beyond mere product performance into a comprehensive contest defined by both full-scenario adaptability and whole-industry-chain capabilities.

He highlighted that SHPT’s new products leverage high power density as a core advantage, delivering comprehensive upgrades in operational adaptability and reliability.

While cementing their leadership in commercial transport scenarios such as long-haul heavy-duty trucks and intercity logistics, the products are expanding into new electricity systems. They are designed to excel in new energy supporting scenarios including hydrogen-electricity coupling, industrial park energy storage, and data center backup power. Furthermore, they extend to diverse emerging sectors such as mining equipment and inland vessels.

By seamlessly integrating the three core sectors of transportation, energy storage, and power generation, SHPT leverages its highly adaptable and reliable product strength to build a solid hardware foundation for a high-quality development of a large-scale, market-oriented global hydrogen industry.

Creating Diverse Value, Reinforcing Product Advantages in Automotive-Grade, High-Performance, and High-Reliability

Mr. Lu Bingbing presented the new products by highlighting three strategic pillars: the core technological advantages, the customer value proposition, and the full-series product portfolio.

Mr. Lu emphasized that guided by SHPT’s R&D philosophy of “applying one generation, developing the next, and planning for the future,” the company leverages the industry-exclusive HPDP (Hydrogen Product Development Process) to engineer automotive-grade, high-performance, and high-reliability fuel cell products, thereby continuously steering the industry’s technological trajectory.

Built on this full-spectrum technology foundation, the newly launched M5 & P5 series delivers a transformative performance leap, with multiple core metrics ranking among the top in the industry.

The PROME M5X Fuel Cell Stack boasts a rated power of 328 kW, a volumetric power density of 7.1 kW/L, and a mass power density of 7.2 kW/kg. These metrics represent increases of 75% and 160% respectively over the previous-generation M4 platform, reaching a domestically leading level.

Engineered for flexible operating conditions, the M5X ensures stable operation with the operating temperature from -40°C to 95°C. Notably, 95°C is the highest recorded operating temperature for self-humidified stacks in the industry, effectively simplifying vehicle thermal management design.

Furthermore, through the co-design of materials and the Membrane Electrode Assembly (MEA), platinum loading has been reduced to 0.215 g/kW, significantly cutting the use of precious metals and improving product economy.

PROME P5X Fuel Cell System brings five major value upgrades:

With a rated power of 280 kW, the P5X delivers a high system power, enabling the needs for high-speed heavy-duty vehicles, mining trucks, combined heat and power (CHP), and others, effectively redrawing the boundaries of product applicability.

Leveraging the industry-leading volumetric power density of the M5X stack, the P5X system greatly enhances adaptability across diverse vehicle platforms, reducing the complexity of vehicle layout design.

Boasting a mass power density of 1009 W/kg, the P5X is China’s first fuel cell system to surpass the 1 kW/kg threshold, representing a 46% increase over the previous-generation P4 platform. This effectively eliminates the payload penalty common in heavy-duty transport and significantly improves freight efficiency.

With a design life of 30,000 hours, the system effectively reduces the total cost of ownership throughout the vehicle’s lifecycle.

System operating efficiency has been substantially elevated. Under typical conditions for a 49-ton heavy-duty truck operating at highway speeds (approx. 150 kW average power), the P5X achieves an efficiency of 51%, an absolute increase of 10 percentage points over the previous generation. This translates into standout energy savings, directly lowering operating costs and improving economic returns.

Beyond the launch event of the high-power M5X stack and P5X system, SHPT addressed niche markets by introducing two cathode-closed air-cooled fuel cell products: the F06 Fuel Cell System and the R300 Fuel Cell System. Tailored for the burgeoning drone and two-wheeler segments, these products uphold SHPT’s automotive-grade development standards, providing customers with specialized, high-quality, and competitive integrated solutions.

SHPT’s new product lineup is closely aligned with the national “15th Five-Year Plan” for hydrogen energy pilot programs. Leveraging high-quality products as a bridge, SHPT aims to deepen industrial synergies.

As FCVC celebrates its 10th anniversary, SHPT stands ready to join hands with our partners to co-build a thriving hydrogen ecosystem and forge a new era of green, sustainable development.

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SOURCE SHPT

Technology

Vertiv Completes Acquisition of ThermoKey, Expanding Heat Rejection Portfolio for AI Data Centers

Published

17 minutes ago

June 12, 2026

Acquisition expected to strengthen thermal management capabilities and manufacturing capacity in Europe, Middle East and Africa to support high-density computing

COLUMBUS, Ohio, June 12, 2026 /PRNewswire/ — Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced the completed acquisition of ThermoKey S.p.A., a leading provider of heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators.

The acquisition expands Vertiv’s thermal management portfolio and manufacturing capabilities, particularly in Europe, Middle East, and Africa (EMEA), and strengthens its ability to deliver system-level solutions across the full thermal chain for AI factories and high-density data centers. ThermoKey benefits from Vertiv’s global scale, supporting accelerated growth and expanded market access while enhancing Vertiv’s ability to provide thermal architectures that help customers plan for multiple compute generations ahead.

Vertiv currently uses ThermoKey’s technologies in select thermal solutions. ThermoKey’s technology set includes heat-exchange solutions, dry coolers, and compatibility with low-GWP and natural refrigerants that complement Vertiv’s portfolio, giving customers flexibility to optimize for performance, site conditions, and growth. Founded in 1991, ThermoKey brings more than 30 years of engineering expertise, in-house design and production capabilities to support its customers and markets.

“Customers are scaling AI infrastructure at an unprecedented pace, and thermal performance is now a critical enabler of capacity and efficiency,” said Giordano Albertazzi, CEO at Vertiv. “With ThermoKey, we are strengthening our capabilities to deliver differentiated, integrated, high-performance heat rejection solutions that help customers deploy faster, operate more efficiently, and scale with confidence.”

The ThermoKey Rivarotta, Italy, operations will continue to be a key hub for manufacturing, engineering, and support. Giuseppe Visentini, CEO of ThermoKey, will continue to lead the business, providing continuity for employees, partners, and customers. “Joining Vertiv means bringing our heat-exchange expertise into a complete, integrated thermal chain that serves high-density data centers,” said Visentini. “We share Vertiv’s engineering rigor and customer focus. ThermoKey joins Vertiv on a path of sustained growth, and from Italy we will continue to build on that momentum and contribute to the strength of the group across EMEA and around the world.”

For more information on Vertiv’s leading portfolio of power and thermal management, infrastructure solutions, IT systems, and services for critical digital applications, visit Vertiv.com.

About Vertiv
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Category: Financial News

Forward-looking statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Those risk factors and risks related to the transaction, among others, could cause actual results to differ materially from historical performance and include, but are not limited to: expected expenses related to the transaction; the possible diversion of management time on issues related to integration; the ability of Vertiv to maintain relationships with customers and suppliers of ThermoKey; and the ability of Vertiv to retain management and key employees of ThermoKey. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

For investor inquiries, please contact:
Lynne Maxeiner
Vice President, Global Treasury & Investor Relations
Vertiv
E lynne.maxeiner@vertiv.com

For media inquiries, please contact:
Ruder Finn for Vertiv
E Vertiv@RuderFinn.com

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Technology

Elsevier launches Ebola Information Center with free clinical and research resources to support response to outbreak

Published

17 minutes ago

June 12, 2026

Comprehensive resource center offers free access to clinical guidance, peer-reviewed research, early-stage research, datasets, and AI-assisted research tools to support the global health emergency response

LONDON, June 12, 2026 /PRNewswire/ — Following the World Health Organization’s declaration of an Ebola outbreak caused by Bundibugyo virus in the Democratic Republic of Congo and Uganda as a Public Health Emergency of International Concern (PHEIC), Elsevier, a global leader in scientific information and analytics, has launched its Ebola Information Center to provide healthcare professionals, researchers, policy makers and the public with free access to critical clinical and research information to support the global response to this outbreak.

Elsevier’s Ebola Information Center brings together a wide range of freely available resources, with a focus on the emerging Bundibugyo virus variant. The center combines evidence-based clinical guidance, peer-reviewed research, early-stage research findings, datasets and AI-assisted research tools to support rapid evidence discovery and response coordination during this critical public health emergency.

Key Resources Available:

Ebola Healthcare Hub: A dedicated clinical resource offering evidence-based clinical overviews, patient education materials and drug monographs to support healthcare professionals responding to the outbreakScienceDirect Research Content: Ebola-related articles and book chapters published by Elsevier journals are freely available on ScienceDirect, the world’s leading platform of peer-reviewed scholarly literature. New content will continue to be made available throughout the duration of the crisisLeapSpace: Researchers working on the outbreak response can access LeapSpace, the research-grade AI workspace to rapidly map existing evidence on Bundibugyo virus pathology, treatment approaches and outbreak response, identify relevant collaborators and funding opportunities, and analyse their own research data alongside published literatureThe Lancet Ebola Collection: Ebola-related research, reviews, and commentaries are being made freely available as they are published across The Lancet Group’s journals. Cell Press Ebola Collection: Ebola research is being made freely available across Cell Press journalsSSRN Ebola Hub: Early-stage research on Bundibugyo virus is being made immediately available through SSRN, Elsevier’s platform for rapid worldwide dissemination of preprints. The curated Ebola Hub helps researchers, public health authorities, clinicians, and the public access emerging findings. Please note that these papers have not yet benefited from peer reviewMendeley Data: Ebola-related datasets indexed across multiple repositories, including figshare, Zenodo and Dryad have been curated to help researchers rapidly identify potentially relevant data for their work.

Esra Erkal, Executive Vice President of Global Communications for Elsevier, said: “The Ebola Information Center represents our commitment to supporting the global health emergency response by making critical scientific knowledge and clinical resources immediately and freely accessible to those on the frontlines of this outbreak. We will continuously expand the resources available as new evidence emerges.”

Elsevier has also made all the content from the Ebola Information Center available on publicly funded repositories, with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are provided free of charge for as long as the Ebola Information Center remains active.

Additional resources will be continuously added to the Ebola Information Center throughout the duration of the public health emergency. The company’s response to Ebola follows Elsevier’s previous support for global health emergencies, including SARS, MERS, Zika, Coronavirus, and Mpox, demonstrating a sustained commitment to supporting the scientific community and public health response during critical health crises.

About Elsevier

Elsevier is a global leader in advanced information and decision support. For over a century, we have been helping advance science and healthcare to advance human progress. We support academic and corporate research communities, doctors, nurses, future healthcare professionals, and educators across 170 countries in their vital work.

We help impact makers achieve better outcomes with research and clinical-grade solutions built on the world’s leading scientific and medical knowledge base of evidence-based content, precision AI, and expert human assessment to ensure accountability at every step.

We champion inclusion and sustainability, working with the communities that we serve. The Elsevier Foundation supports research and health partnerships around the world.

Elsevier is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, visit www.elsevier.com and follow us on social media @elsevierconnect.

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SOURCE Elsevier Limited

Technology

Automotive LiDAR Market worth $11.26 billion by 2033 | MarketsandMarkets™

Published

17 minutes ago

June 12, 2026

DELRAY BEACH, Fla., June 12, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Automotive LiDAR Market is projected to grow from USD 1.70 billion in 2026 to USD 11.26 billion by 2033 at a CAGR of 31.0%.

Browse 250 market data Tables and 230 Figures spread through 350 Pages and in-depth TOC on “Automotive LiDAR Market”

Automotive LiDAR Market Size & Forecast:

Market Size Available for Years: 2026-20332026 Market Size: USD 1.70 billion2033 Projected Market Size: USD 11.26 billionCAGR (2026–2033): 31.0%

Automotive LiDAR Market Trends & Insights:

The BEV segment is projected to account for the largest share during the forecast period.The 3D LiDAR segment is projected to lead the market during the forecast period.North America is expected to grow significantly during the forecast period.

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The automotive LiDAR market is evolving as OEMs move from early autonomous driving pilots toward commercially scalable intelligent driving platforms. LiDAR continues to maintain a strong position in applications that require higher perception accuracy and environmental awareness. Advances in imaging radar and AI-driven perception are increasing competition, particularly in cost-sensitive vehicle programs, pushing LiDAR suppliers to improve cost efficiency, reduce sensor size, and strengthen integration capabilities. This is accelerating the shift of LiDAR deployment toward premium vehicles and higher autonomy applications, where stronger perception accuracy and environmental awareness create greater value and justify higher system cost. Adoption is increasingly concentrated in premium vehicles, intelligent EV platforms, and next-generation driving systems. OEMs such as BYD Co., Ltd. (China), Geely Auto (China), NIO Inc. (China), Mercedes-Benz (Germany), and BMW (Germany) continue expanding LiDAR deployment across production vehicle portfolios, while mobility companies, including Waymo LLC (US), continue using LiDAR for advanced vehicle perception. Vehicle programs such as Mercedes-Benz S Class with DRIVE PILOT and AITO M9 with LiDAR-enabled intelligent driving to reflect continued commercialization.

The BEV segment is projected to account for the largest share during the forecast period.

BEVs are expected to account for the largest share of the automotive LiDAR market during the forecast period due to higher adoption of intelligent driving technologies and stronger compatibility with software-defined vehicle architectures. These vehicles are increasingly designed with centralized computing and electronic architectures that make LiDAR integration easier and more scalable. They also offer greater flexibility for sensor placement through cleaner vehicle designs and dedicated EV packaging, enabling seamless integration of LiDAR into the roof, headlamps, bumper, and windshield areas. Additionally, high-voltage battery architectures support LiDAR power requirements with limited impact on vehicle performance, making advanced sensing more practical for production deployment. Vehicle models such as NIO ET7, XPENG G9, Zeekr 001 FR, AITO M9, and Volvo EX90 reflect this trend and continue expanding LiDAR deployment across electric vehicle portfolios. For instance, in September 2025, Hesai Group (China) introduced the ETX automotive-grade ultra-long range LiDAR at IAA Mobility 2025 with behind-the-windshield integration capability designed for next-generation electric vehicle platforms and Level 3 driving applications. Supported by increasing intelligent feature penetration and continued growth of software-enabled EV platforms, BEVs are expected to remain the largest revenue-generating segment in the automotive LiDAR market.

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The 3D LiDAR segment is projected to lead the market during the forecast period.

The 3D LiDAR segment is expected to lead the automotive LiDAR market during the forecast period due to its ability to generate detailed spatial point cloud data required for advanced perception and intelligent driving functions. Compared with 2D LiDAR, 3D systems provide stronger object classification, depth measurement, free space detection, and environmental reconstruction, making them more suitable for production vehicles with advanced driving capabilities. Most automotive LiDAR programs are built on 3D sensing architectures as OEMs increasingly require higher perception quality for highway driving, urban navigation, and complex traffic environments. Leading products, including AT Series from Hesai Group (China), M Series from RoboSense (China), and Scala series from Valeo (France), are based on 3D LiDAR platforms. In April 2026, Hesai Group (China) introduced its 3D full color ETX LiDAR platform, combining spatial sensing and color recognition capability to improve object identification and environmental perception for intelligent driving systems. Commercial deployment is also expanding across production vehicle programs, with RoboSense reporting deployment across more than 45 vehicle models from eight global OEM groups, including BYD (China), Geely (China), and SAIC Motor (China), reflecting growing industry preference for high-resolution 3D perception. Supported by increasing demand for richer vehicle perception and stronger sensing accuracy, 3D LiDAR is expected to remain the dominant image architecture in the automotive LiDAR market.

North America is expected to grow significantly during the forecast period.

North America is expected to witness significant growth in the automotive LiDAR market during the forecast period due to increasing commercialization of intelligent driving systems, concentration of leading vehicle technology companies, and growing integration of LiDAR into production vehicle programs. The region benefits from a strong ecosystem of OEMs, compute platform providers, and LiDAR developers that are accelerating the deployment of advanced perception architectures. North America also remains a key center for advanced vehicle sensing development, supported by strong collaboration between OEMs, compute platform providers, and LiDAR companies to commercialize higher levels of driving automation. The region is witnessing increasing integration of perception hardware and centralized vehicle computing into premium vehicle programs, creating stronger demand for automotive LiDAR deployment. Companies such as Innoviz Technologies Ltd. (Israel), NVIDIA Corporation (US), and General Motors (US) continue expanding intelligent driving initiatives and vehicle sensing capabilities in the region. For instance, in January 2026, General Motors (US) announced plans to deploy hands-free driving capability across nearly 720,000 additional vehicles annually, increasing the need for advanced sensing technologies, including automotive LiDAR, in future vehicle platforms.

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Top Companies in Automotive LiDAR Market:

The Top Companies in Automotive LiDAR Market are Hesai Group (China), Huawei Technologies Co., Ltd. (China), RoboSense (China), Seyond (US), and Valeo (France).

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Automotive RADAR Market

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