We are pleased to share the CEO Letter by Antony Tolfts, CEO of H2X Global Limited, outlining key achievements in 2025 and the company’s 2026 focus on execution.
🧩 Key Achievements during 2025 Included:
- Confirmation of ongoing eligibility under the Australian Government R&D Tax Incentive through to 30 June 2026, following a rigorous review of H2X’s activities. Beyond the financial benefit, this outcome represents meaningful recognition by the Australian Government of the depth, originality, and technical credibility of the engineering being delivered by H2X Global.
- Commercial launch of H2X hydrogen storage tanks, with first sales into Germany and early validation of a profitable and scalable component business.
- Execution of the Distribution and Production Agreement with FES GmbH, providing immediate access to certified hydrogen vehicles and scalable European production capacity.
- Strengthening of governance, including the appointment of Stefan Müller as Chair and Danny Bernstein as Non-Executive Director, materially enhancing capital markets capability and hydrogen and fuel-cell expertise at Board level.
- Continued cost discipline and operational focus, ensuring H2X remains capital-efficient while maintaining momentum across all major programs.
🧩 What's Next in 2026:
- Finalise the current funding round and advance your company’s IPO pathway
- Deliver vehicles into service and establish visible, real-world operating performance
- Expand sales and tender activity using certified, road-ready platforms
- Progress the Paroo light commercial vehicle as H2X’s long-term hero product
- Continue disciplined, capital-efficient growth across all programs
Read the Complete CEO Letter here.
About H2X Global
H2X Global is a leader in zero-emission hydrogen fuel cell vehicles, setting new standards for commercial transportation with extended driving ranges and fast refuelling times. From the world’s only hydrogen-powered 4x4, the Warrego, to our innovative retrofit strategy and upcoming Paroo truck, H2X is driving the future of clean, sustainable transportation.
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