PowerCell Group Expands Hydrogen Footprint in China Through Strategic Partnership with Robert Bosch GmbH
Key Ideas
  • PowerCell Group and Robert Bosch GmbH strengthen their partnership to accelerate hydrogen fuel cell system deployment in China's fast-growing markets.
  • Bosch acquires additional intellectual property rights to PowerCell's S3 fuel cell stack and plans to localize the technology for the automotive sector in China.
  • The €6 million deal not only focuses on automotive applications but also explores opportunities in construction machinery, industrial mobility, and backup power sectors.
  • The strategic collaboration aims to enhance system robustness and performance, catering to the increasing demand for hydrogen solutions in various industries.
PowerCell Group has announced an intensified strategic partnership with Robert Bosch GmbH to expedite the implementation of hydrogen fuel cell systems in China. The collaboration, which builds upon an existing relationship, is primarily targeted at high-growth mobility and industrial markets. A key aspect of the partnership involves Bosch acquiring additional intellectual property rights to PowerCell's S3 fuel cell stack. This stack, previously produced in Germany, is now being delivered to PowerCell's facility in Gothenburg. The €6 million deal enables Bosch to further customize the technology for the Chinese automotive sector, reflecting the rising demand for high-performance hydrogen solutions in the region. Beyond automotive applications, the partnership also explores opportunities in construction machinery, industrial mobility, and backup power sectors. Both companies are optimistic about the potential for growth and innovation in these areas. Richard Berkling, CEO of PowerCell Group, expressed satisfaction with the collaboration, highlighting the combined expertise that bridges technological platforms with customer needs. The partners aim to scale operations efficiently and sustainably, ensuring that fuel cells meet the performance and reliability requirements across different industries.
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