HyMove

What HyMove does

HyMove B.V. is a privately held Dutch hydrogen fuel cell systems company founded in 2012 by Theo Hendriks and Jan van Beckhoven and headquartered at Industriepark Kleefse Waard in Arnhem, Netherlands. The company designs, builds, and sells plug-and-play, modular PEM-based hydrogen fuel cell power modules ranging from 10 kW to 120 kW nominal output, automotive certified and intended as a zero-emission drop-in replacement for diesel in heavy-duty applications where battery-electric falls short on range, weight, or refueling time. Around this core technology, HyMove bundles complementary modules — the Hybrid H2 Battery Pack (jointly with Venema E-Mobility and Rijngas), the H2 Genset for refrigerated transport (with Genmark), the GameChanger mobile off-grid EV fast charger (with Clean City), and a proprietary test facility plus demo hydrogen bus — to deliver total solutions and feasibility studies across eight verticals: e-mobility (buses, trucks, vans), construction and infrastructure, maritime, built environment, off-grid and grid support, agriculture and horticulture, ground support at airports, and bespoke/custom applications such as reefers and mining equipment.

The company operates with approximately eight named team members spanning CEO, COO, CTO, operations, software engineering, business development, and executive support, and is bootstrapped with no disclosed external funding rounds. Commercial motion combines direct enterprise sales to fleet operators, construction companies, maritime operators, and port authorities with a channel-partner ecosystem — most notably the May 2024 Clean City strategic partnership targeting production of 2,000 mobile charging units across Europe and a planned energy-as-a-service offering. Demonstrated technical credibility rests on six-plus years of daily public transport operation in the Netherlands and Germany, with reported availability exceeding 96% and hydrogen consumption 30% below competing hydrogen buses. Revenue streams include hardware sales, project-based integration and conversion services, and recurring service and maintenance, with subscription-style energy-as-a-service revenue targeted via Clean City. Named customers to date are predominantly pilots and demonstrations (Keolis, Stadtwerke Münster, Van Beers Hoogeloon, Port of Livorno, Province of Utrecht), and revenue is not publicly disclosed.

Name

HyMove

Legal name

HyMove B.V.

Website

https://hymove.nl

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

HyMove is a Netherlands-based hydrogen fuel cell systems company founded in 2012, designing modular PEM power modules (10-120 kW) and integrated energy solutions for fleet operators, construction, maritime, and off-grid EV charging applications across Europe.

Ownership category

akta.pro rank

Headquarters

HQ city

Arnhem

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Fuel Cell System Sales: HyMove designs, builds, and sells hydrogen fuel cell systems (power modules from 10 kW to 120 kW) to customers across e-mobility, construction, maritime, and stationary power sectors. Systems are sold as plug & play products or integrated into complete solutions. Revenue is generated from hardware sales with potential for recurring service and maintenance.
2. Total Solutions: HyMove provides turnkey, comprehensive energy solutions through its partner network. This includes converting diesel vehicles to fuel cell electric vehicles and designing hydrogen energy systems for buildings and neighborhoods. Revenue generated through project-based engagements with enterprise customers.
3. Advisory and Feasibility Studies: HyMove conducts feasibility studies for customers' energy research questions, providing strategic advice on zero-emission transport and clean energy for their operations. These studies help customers make informed decisions about hydrogen adoption and typically precede larger system sales.
4. Energy-as-a-Service (Planned): Through the Clean City partnership, HyMove plans to offer an energy-as-a-service model based on pre-paid contracts with market-conform rates for high-power DC charging. This will be delivered through a planned virtual and mobile charging network operating 24/7.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

HyMove designs, engineers and manufactures plug & play modular hydrogen fuel cell power systems (10 kW to 120 kW nominal output) used as zero-emission power sources for buses, trucks, construction equipment, maritime vessels, stationary buildings and off-grid EV charging. The company also delivers turnkey total solutions and advisory/feasibility study services to enterprise customers across Europe.

Product overview

HyMove is a hydrogen fuel cell systems company that operates a platform-plus-modules product architecture. At its core is a range of plug & play, modular hydrogen fuel cell power modules (10 kW to 120 kW nominal power) that serve as the fundamental technology building block. These power modules are offered alongside several complementary modules and services: the H2 Genset (hydrogen fuel cell generator set for refrigerated transport), the Hybrid H2 Battery Pack (integrated battery-plus-H2 generator system), the Demo Hydrogen Bus (proprietary testing and demonstration platform), and a proprietary Test Facility for validating systems under real operating conditions. HyMove further offers Total Solutions (full-turnkey integration and conversion services) and Advice and Feasibility Studies (consulting). The modular architecture enables tailored configurations across diverse application verticals including e-mobility (buses, trucks, vans), maritime (ferries, vessels), construction and infrastructure, built environment, off-grid and grid support, agriculture, ground support, and custom projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Fuel Cell Systems (Power Modules) Plug & play, modular hydrogen fuel cell power modules spanning 10 kW to 120 kW nominal power across six tiers (10, 16, 30, 45, 60 and 120 kW). Automotive certified, designed for energy efficiency, long lifespan and low total cost of ownership, and sold as standalone hardware to fleet operators, integrators and stationary power customers.
• GameChanger 1 Mobile Hydrogen Fast Charger Mobile, off-grid hydrogen fuel cell DC fast charger with 20 kg hydrogen storage, 30 kW fuel cell, 85 kWh battery pack and dual chargers delivering 120 kW total output to charge two EVs simultaneously. Sold to ports, fleets and event operators needing DC fast charging without grid connection.
• Hybrid H2 Battery Pack Compact hybrid battery pack with external interfaces, an integrated hydrogen generator unit and external hydrogen storage for charging the battery pack. Developed with Venema E-Mobility and Rijngas for refrigerated transport and other applications requiring continuous sustainable power.
• H2 Genset (Hydrogen Fuel Cell Generator Set) Hydrogen fuel cell generator set developed jointly with Genmark to provide zero-emission power for cooling and freezing units on trailers and transport vehicles, replacing conventional diesel refrigeration engines in the cold chain logistics sector.
• Total Solutions Turnkey hydrogen energy solutions delivered through HyMove's partner network, including conversion of diesel vehicles to fuel cell electric vehicles and design of hydrogen energy systems for buildings and residential districts. Sold as project-based engagements to enterprise customers.
• Advice and Feasibility Studies Advisory services and feasibility studies for customers' energy and zero-emission transport questions. Provides actionable insights, risk analysis and recommendations to inform decisions on hydrogen adoption, typically preceding larger system sales.

Quantifiable outcome

• 96% system availability during daily operation of 14 hours, 5 days per week for more than 6 years
• +3 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Clean City SAcoreStrategic or Co-development Partner · 8 May 2024Clean City and HyMove formed a strategic partnership for the development and production of mobile fast charging units based on HyMove's hydrogen fuel cell technology and Clean City's patented Integrated Multi Generation System (IMGS). The partnership plans to establish a new company to build a virtual and mobile charging network of 2,000 units across Europe, offering energy-as-a-service to private and business EV owners. The GameChanger 1 (120 kW) was co-developed and launched in May 2024, with GameChanger 2 (800 kW Megawatt charger) planned for end 2024.
• Venema E-Mobility Charge Systems (VECS)coreTechnology or Integration · 8 May 2024Venema designs and supplies charging systems and battery products for the heavy-duty market. As a technology partner in the GameChanger 1 and Hybrid H2 Battery Pack developments, Venema contributes battery storage and EV charging technology that integrates with HyMove's fuel cell systems to deliver complete off-grid charging solutions.
• Van Beers Hoogeloon B.V.minorStrategic or Co-development Partner · 1 January 2022Van Beers Hoogeloon partnered with HyMove as part of the Custa Eco-Excavator project, where a construction excavator was equipped with HyMove's fuel cell power generator and batteries, enabling zero-emission construction in a nature reserve.
• HAN University of Applied SciencesminorStrategic or Co-development PartnerHyMove collaborates closely with HAN University of Applied Sciences for knowledge development, testing, and educational purposes. HyMove also gives regular presentations at educational institutions, supporting the development of hydrogen expertise in the Netherlands.
• HBO schools, universities, and research institutes (network)minorStrategic or Co-development PartnerHyMove maintains close ties with leading universities, colleges, and research institutes both nationally and internationally. The company is actively engaged with relevant industry associations and collaborative partnerships for hydrogen development and market validation.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ballard Power Systems: Canadian PEM fuel cell stack and systems manufacturer focused on heavy-duty mobility (buses, trucks, rail, marine). Directly comparable in product offering, target customer base (fleet operators, OEMs), and PEM technology stack to HyMove's 10–120 kW modules.
• PowerCell Sweden: Swedish PEM fuel cell stack and system producer for heavy-duty trucks, buses, marine vessels and off-grid power. Closely mirrors HyMove's modular, multi-vertical PEM fuel cell systems approach with similar power class targets.
• Nedstack: Dutch PEM fuel cell manufacturer producing stacks and systems for heavy-duty transport, maritime and stationary applications. Same domestic Netherlands base, same PEM technology choice, and materially overlapping customer verticals as HyMove.
• Plug Power: US-listed PEM fuel cell systems provider for material handling, mobility (trucks, buses) and stationary power, integrated with green hydrogen production. Overlaps with HyMove on commercial-vehicle fuel cell systems and on the build-out of an end-to-end H2 ecosystem.
• Cellcentric: Joint venture between Daimler Truck and Volvo Group developing PEM fuel cell systems specifically for heavy-duty trucks. Targets the same fleet electrification thesis as HyMove and its GameChanger megawatt-charging roadmap.
• Symbio: Faurecia/Michelin joint venture producing PEM fuel cell systems for heavy mobility. Targets the same OEM and fleet integrator customer base as HyMove with comparable stack-to-system architecture.
• AFC Energy: UK PEM fuel cell systems company focused on heavy-duty and off-grid applications including EV charging and construction. Closely comparable technology stack and similar mobility/charging product positioning to HyMove.

Broad incumbents

• Cummins (Accelera): Through its Accelera segment, Cummins develops hydrogen fuel cell systems for heavy-duty trucks, locomotives and industrial applications alongside its much larger diesel engine and electrification portfolio — overlapping with HyMove on PEM systems but at far greater scale.
• Toyota Motor Europe (Hydrogen): Toyota has decades of fuel cell R&D, supplied fuel cell stacks to bus OEMs (including HyMove's bus pilots via partners) and sells Mirai FCEVs. Operates broadly across hydrogen mobility rather than as a pure-play fuel cell systems specialist.
• Generac Power Systems: US incumbent in on-site and off-grid power generation across residential, commercial and industrial segments. Adjacent competitor for the GameChanger off-grid EV charging and built-environment/H2 genset use cases HyMove serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hymove
• LinkedInnl.linkedin.com/2728153/admin/feed/posts
• Xx.com/hymove

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HyMove