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Foss National Leasing

fossnational.com

Founded Year

1962

About Foss National Leasing

Foss National Leasing is a fleet leasing and fleet management company. It provides custom fleet management solutions to its clients. It is based in Markham, Ontario.

Headquarters Location

125 Commerce Valley Dr. W Suite 801

Markham, Ontario, L3T 7W4,

Canada

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Latest Foss National Leasing News

CHARBONE HYDROGEN Announces Leasing of Three Hyundai NEXOs Through FOSS National Leasing, to Promote Emission-Free Hydrogen Mobility in Montreal

Jan 9, 2023

By FuelCellsWorks January 9, 2023 4   min read  (722 words) January 9, 2023 | 4 min read Brossard, Québec – CHARBONE HYDROGEN Corporation (TSXV:CH)(“Charbone”)is pleased to announce the  execution of an agreement to along-term lease(the “Lease”) of three HYUNDAI NEXOhydrogen fuel cellvehiclesthrough FOSS National Leasing that will be used to promote and demonstrate green hydrogen mobility in the Montreal area and other partsof the country.These vehicles, which are to be delivered in the nextthree to four months,will have the ability to be filledat theCharbone Hydrogen Refueling Station(the “HRS”)at the Sorel-Tracy Quebec facility, which is currentlyunder construction. Charboneintendsto announceadditionalHRSfacilitiesacross Canada, in addition toa proposed corridor between Quebec City and Detroit Michigan,where Charbone has already announced a future acquisition of hydropower plants. Charbone has also announced a partnership with RESATO B.V. for the exclusive distribution of RESATO’s HRS systems in Canada,with an option to be manufactured locally. For Charbone, HyundaiCanada represents atrue partner in the Canadian marketto promotegreen mobilityin view of the fact Hyundai has more electrified nameplates in the mainstream market than any other brand, and is one of the first to offer a hydrogen fuel cell-powered vehicle in Canada. Charbone believesthat for theimpendingenergy transition and our futureof mobility,green hydrogen is theoptimalfuel. Charbone’spartnership with Hyundai Canadawill beinstrumental in thepursuit      ofitsmission and values.The leasing agreement with FOSS National Leasingwillalsoplay a critical role inthe deployment of Charbone pan-Canadian green hydrogen production facilities, withthe fleet ofHyundai NEXOvehiclesbeingused by employees at those facilitiesto promotethe viability of hydrogen mobility. “Charbone is so excited with the partnership with HyundaiCanadaand FOSS”said Dave B. Gagnon, Chairman and CEO of Charbone.“We are eager to receive the cars and drive them around the Montreal regionto showcasethe conceptof hydrogen. This is also an opportunity to showthere is no reduction of autonomy in winterwith alternate fuels,and thatourfuturesubsidiary Charbone Lab, will have the ability, alongwith local academic partners,to study and reportonthe reliability of the Hyundai NEXO in Quebec weather.” “The addition of Hyundai NEXO vehicles in Charbone’s fleet will be a giant step forward in realizing the viability of hydrogen fuel cell vehicles in Canada, and Quebec in particular,”says Ken Maisonville, director of sales, Hyundai Auto Canada.“Decarbonizing mobility as we know it is a monumental undertaking, and we applaud Charbone for their bold work on this front and raising much-needed awareness on energy transition possibilities.” “At Foss National we understand the future of fleet mobility will be zero emission and are pleased to see innovative companies, like Charbone, taking a position to inform and educate the market about the many options that are being offered. We see fuel cell powered vehicles as a viable solution to meet the needs of our clients.” Read the most up to date Fuel Cell and Hydrogen Industry news at  FuelCellsWorks About Charbone Corporation Hydrogen Charbone is a Canadian green hydrogen company established in North America. The company’s strategy consists of developing modular and expandable hydrogen facilities. Through the acquisition of hydropower plants in the United States and in Canada, Charbone intends to produce green dihydrogen molecules using reliable and sustainable energy to distinguish itself as a supplier of an environmentally friendly solution for industrial and commercial companies. About Hyundai Canada Hyundai Auto Canada, established in 1983 and headquartered in Markham, Ontario, is a subsidiary of Hyundai Motor Company of Korea. Hyundai vehicles are distributed throughout Canada by Hyundai Auto Canada and are sold and serviced through more than 225 dealerships nationwide. Hyundai is also the first to offer a second-generation zero-emissions Fuel Cell Electric Vehicle to Canadian customers, called the NEXO. More information about Hyundai and its vehicles can be found atwww.HyundaiCanada.com About FOSS National Leasing Foss National Leasing is Canada’s premier fleet leasing and fleet management company. We offer leasing for fleets of all sizes, as well as support programs including fuel and maintenance management, logistics, storage, and driver training, all designed to keep your fleet on the road and productive. We’re known as industry innovators offering proprietary, web-based tools that help companies manage their car and truck fleets more efficiently and economically. We also know that many customers have specific, if not unique, needs. That’s why we’re leaders in developing the right solutions for fleets as small as four or as large as 4,000. We offer coast-to-coast coverage in Canada and also globally through our arrangement with LeasePlan International. Next PostFrance: Mussel Fishing With Hydrogen Barges You May Also Like

Foss National Leasing Frequently Asked Questions (FAQ)

  • When was Foss National Leasing founded?

    Foss National Leasing was founded in 1962.

  • Where is Foss National Leasing's headquarters?

    Foss National Leasing's headquarters is located at 125 Commerce Valley Dr. W, Markham.

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