Hyster-Yale Materials Handling, Inc. acquired Nuvera Fuel Cells, Inc. in 2014. Founded in 2000, Nuvera specializes in fuel cell stacks and fully integrated systems called fuel cell engines, as well as hydrogen production and dispensing systems. This acquisition has enabled Hyster-Yale to integrate advanced fuel cell technology into their material handling equipment, especially at ports where battery-based solutions are less optimal due to continuous power requirements and duty cycles, which typically consider shifts and refueling time.

One of Nuvera's early success products was warehouse forklifts with 24-hour operational capability, ideal for maintaining clean air inside warehouses. Fuel cell-powered forklifts proved more advantageous over both battery and propane power solutions. Nuvera’s fuel cell engines were installed in Hyster^®and Yale^® branded forklifts, eventually leading to the acquisition with hopes of expanding the fuel cell-based lineup.

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