PowerCell Sweden has received an order worth SEK 7.7m ($787,600) from a global automotive OEM for its S3 fuel cell stacks.
This is the second follow-on order for the stacks, which feature high-power density with compact design and low weight, from the automotive OEM, which placed an order worth SEK 2.6m ($266,000) last month.
Prior to that, the OEM had also placed orders for fuel cell stacks and a fuel cell system for tests and evaluations.
“The climate crisis and increasingly stricter CO2 emissions regulations presents the automotive industry with an unavoidable transformation,” Per Wassén, CEO of PowerCell said.
“This puts the automotive OEMs under a great pressure to electrify their drivetrains, and fuel cells running on hydrogen offer a number of advantages compared to batteries as they provide an electric drive without limited range or time-consuming charging.”
A vehicle running on hydrogen and fuel cells can be re-fuelled almost as quickly as a vehicle running on fossil fuels and has approximately the same range and payload capacity.
Another advantage is that electrification with fuel cells and hydrogen does not require investments in a specific charging infrastructure.
A fuel cell running on hydrogen produces electricity with no other exhausts than pure water.