AFC Energy has announced a significant breakthrough in the cost reduction of its 30kW hydrogen fuel cell generators, achieving an impressive 85% decrease in build costs. This achievement was made possible through the implementation of low-cost stack technology and value engineering. The company is on track to begin hydrogen fuel cell delivery by mid-2026, as previously planned. To further drive global expansion and reduce costs, AFC has secured a supply agreement for future fuel cell systems and is actively working on plans for volume manufacturing. In a strategic move, AFC Energy is set to enter into a global partnership with Volex Plc, an integrated manufacturing specialist, to support its expansion strategies. The partnership is expected to not only sustain the achieved cost reduction but also drive costs down through material leverage and economies of scale. AFC Energy's ultimate goal is to achieve cost parity with diesel alternatives, thereby facilitating the accelerated adoption of its technology to replace diesel generators, in conjunction with its hydrogen production capabilities. CEO John Wilson emphasized the company's commitment to commercial viability in the hydrogen economy without relying on government subsidies. This milestone marks a significant step towards realizing their vision, and the company is looking forward to the strategic partnership with Volex Plc to further enhance market adoption and drive innovation in the hydrogen technology sector.