IRVINE, CA –Quantum Fuel Systems Technologies Worldwide, Inc., a natural gas, hybrid electric and hydrogen vehicle technologies provider, announced that it has received a $3.8 million purchase order from a global natural gas vehicle engine and systems developer for supplying Quantum's ultra-lightweight carbon composite compressed natural gas (CNG) storage tanks for a high volume light-duty fleet pickup truck platform.
"We are pleased to partner with an industry leader to develop an optimized fuel storage solution for their natural gas fleet trucks," said Brian Olson, chief executive officer of Quantum. "We are excited about the potential in this high volume market segment, as natural gas has clearly emerged as the fuel of choice for cost-conscious corporate and utility fleet managers, who are encouraged by the fast return on investment and the expanding CNG refueling infrastructure in this country."
