FTXT Energy Technology Ltd, a Chinese company specializing in fuel cell systems for transportation, has signed a Memorandum of Understanding with Omani firm Synergy Investment LLC to collaborate on hydrogen fuel cell commercial vehicles in Oman and the Middle East. This partnership aims to develop the hydrogen fuel cell vehicle market and promote the internationalization of the hydrogen energy industry in the region. FTXT plans to leverage its expertise to provide hydrogen fuel cell technologies to Synergy for market development and localization operations. The companies aim to establish research, development, production, and service sites for hydrogen fuel cell vehicles, contributing to the green energy transition and environmental protection in the Middle East. The collaboration also includes the demonstration of hydrogen fuel cell vehicles in Oman within the next 2-3 years and the promotion of hydrogen energy infrastructure and applications. FTXT's experience in fuel cell systems and Synergy's market development capabilities are set to drive the growth of the hydrogen energy industry in the Middle East.