AFC Energy, a leading provider of hydrogen fuel cell technology, announced a significant achievement in reducing the build cost of its 30kW hydrogen fuel cell generator by approximately 85%. This milestone was reached through a value engineering exercise and the adoption of low-cost stack technology. The company's strategic objective is to facilitate the adoption of its fuel cell technology in markets that currently rely on diesel, with a focus on achieving cost parity. To support this goal, AFC Energy has secured a supply agreement for future fuel cell systems and is actively working on plans for volume manufacturing. In a bid to further reduce costs and enhance production efficiency, the company is set to enter a global strategic manufacturing partnership with Volex Plc, leveraging economies of scale. Chief executive John Wilson underlined AFC's commitment to establishing commercial viability in the hydrogen economy without the need for government subsidies. He expressed satisfaction in achieving the targeted cost reduction and outlined a timeline for the delivery of the first low-cost generators by mid-2026. The company's collaboration with Volex Plc has been instrumental in this endeavor, and the anticipation of a strategic partnership signifies a positive outlook for AFC Energy's expansion and cost-effective advancements in hydrogen fuel cell technology.