Hexagon Composites (HXGCF) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Hexagon Agility, a subsidiary of Hexagon Composites, has secured USD 4.3 million in new orders for its RNG/CNG fuel systems for heavy-duty trucks equipped with Cummins’ X15N natural gas engine. This move signals a growing adoption of natural gas technology in the North American trucking market, with benefits including reduced emissions and cost savings. The X15N engine, comparable to diesel in performance, is set to expand the addressable market for RNG/CNG solutions by 230,000 trucks annually.
For further insights into HXGCF stock, check out TipRanks’ Stock Analysis page.
