PowerCell receives order from Bosch

PowerCell receives order from Bosch

PowerCell Sweden AB has received an order for its PowerCell S3 fuel cell stacks from Bosch.

The ordered, valued at approximately MSEK 26 (€2.4m), will be delivered continuously throughout the rest of the year.

In April 2019, Robert Bosch GmbH and PowerCell Sweden signed an agreement for the development, production and sale of the S3 fuel cell stacks for the automotive segment.

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

Bosch hopes to begin its own production of the stack by 2022 at the latest.

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