PowerCell receives major order from Bosch

The Swedish fuel cell specialist PowerCell has received an order from Bosch for fuel cell stacks with a total value of around one million euros. The order specifies PowerCell’s S3 type fuel cell stacks.

The fuel cells will be supplied to Bosch under the development and license agreement concluded in April 2019 – under which Bosch secured the right to offer the new version of the S3 fuel cell stacks exclusively in cars, trucks, and buses. In its press release, PowerCell puts the total value of the supply at 11.5 million Swedish kronor or just over 1 million euros.

The joint series production of the PEM fuel cell is to start “no later than 2022” according to earlier statements. By flexibly combining two or more stacks, the duo wants to cover a performance portfolio ranging from passenger cars to heavy trucks.

At the end of January, the German supplier announced that they already had the first customer for the fuel cells. For the fuel cell trucks of the US startup Nikola, Bosch will supply not only the electric axle drives but also the entire fuel cell system – with technology from PowerCell. There is also to be a first customer in the passenger car sector, but the unnamed company will only purchase components from Bosch, not the entire system.

While Bosch, as mentioned, has exclusive rights for the road, PowerCell sells its fuel cell for other segments. According to an announcement, the company has signed a contract with an unnamed “leading European shipyard” for the development and supply of a marine fuel cell system with a total output of approximately 3 megawatts. The system is to be developed and delivered within three years. The contract is worth 6.9 million euros – for the development, production and delivery of the system.

powercell.se, powercell.se (shipyard)