AFC Energy PLC has informed investors about a significant achievement in reducing the build cost of its 30kW hydrogen fuel cell generator by approximately 85%. This remarkable cost reduction was made possible through a value engineering exercise and the adoption of low-cost stack technology. The company aims to facilitate the adoption of its fuel cell technology in markets that heavily rely on diesel, with the goal of achieving cost parity without the need for Government subsidies. To support the increasing demand, AFC Energy has secured a supply agreement for future fuel cell systems and is actively working on plans for volume manufacturing. Additionally, the company is in the process of establishing a global strategic manufacturing partnership with Volex Plc to further decrease costs through economies of scale. CEO John Wilson emphasized the company's commitment to commercial viability in the hydrogen economy and expressed delight in achieving the ambitious 85% cost reduction target. The first low-cost generators are expected to be delivered by mid-2026. Wilson also expressed gratitude towards Volex Plc for their support and looks forward to the continued development of their strategic partnership.