PowerCell and Bosch Drive Fuel Cell Expansion in China
Key Ideas
- PowerCell and Bosch are deepening their collaboration to accelerate the deployment of hydrogen fuel cell systems in mobility and stationary applications.
- Bosch acquires IP rights for PowerCell's S3 stack for the Chinese automotive market, with a focus on adapting to local and global requirements.
- The partnership aims to expand into non-automotive sectors in China such as backup power, construction, and industrial mobility to drive growth in these electrifying segments.
- The CEOs of PowerCell and Bosch emphasize the importance of their industrial collaboration, combining expertise to make fuel cells viable in sectors requiring performance and reliability.
PowerCell Group is strengthening its partnership with Robert Bosch GmbH to accelerate the adoption of hydrogen fuel cell systems in mobility applications in China. This collaboration includes efforts to enter the stationary applications market. Bosch has acquired extended rights to adapt PowerCell's S3 stack for the Chinese automotive market, aiming to meet the growing demand for fuel cell stacks. Additionally, PowerCell will provide Bosch access to non-automotive customers in China, including those in backup power, construction, and industrial mobility sectors. Both companies aim to leverage their expertise to scale fuel cell technology and make it accessible in high-growth markets like China. The CEOs highlight the importance of the partnership in bridging technological platforms with customer needs, ensuring the performance and reliability of fuel cells in various sectors.