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powercell-receives-e1-05m-order-from-bosch
powercell-receives-e1-05m-order-from-bosch

PowerCell receives €1.05m order from Bosch

PowerCell Sweden has received an order worth €1.05m for its S3 fuel cell stacks from German auto supplier Bosch.

The stacks will be delivered to Bosch within the framework of the joint development and licensing agreement the two companies signed last year.

In April 2019, Bosch and PowerCell Sweden signed an agreement to jointly mass produce hydrogen fuel cells for the automotive segment.

The agreement includes the joint development of the S3 and a license whereby Bosch gets the exclusive right to produce and sell the new and improved version for automotive applications such as cars, trucks and buses.

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