Loading...
Loading...
bosch-increases-stake-in-ceres
bosch-increases-stake-in-ceres

Bosch increases stake in Ceres

German auto components supplier Bosch is increasing its equity stake in technology specialist Ceres Power from 4% to 18%.

Ceres said this is a significant strategic step forward in the partnership, which was established in August 2018 and follows successful collaboration on technology development and manufacturing in both the UK and Germany.

Since signing a strategic agreement in August 2018, Ceres and Bosch have been successfully collaborating in the development of fuel cell stacks for stationary power applications.

This has enabled Bosch to start initial low-volume production of pilot systems in late 2019 in Bamberg, Germany.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...