Latest news

31 March 2020

PowerCell receives order for PowerCell S3 from Bosch at a total value of MSEK 11.5

PowerCell Sweden AB has received an order for PowerCell S3 fuel cell stacks from Bosch at a total value of approximately MSEK 11.5 (1,047,900 Euro). The order will have a positive financial impact during the first quarter 2020. The order comprises several PowerCell S3 fuel cell stacks to be delivered to Bosch within the framework of the joint development and licensing agreement. In April last year German Robert Bosch GmbH and PowerCell Sweden signed…

Read more...

26 March 2020

Bus with PowerCell S2 in daily operations in China has run the equivalent of one lap around the globe

A bus equipped with PowerCell S2 fuel cell stacks used in daily operations in China, has up until the end of January this year, covered 40,000 kilometers, the equivalent of one lap around the globe. The bus is one of several that has been equipped with PowerCell S2 fuel cell stacks by Wuhan Tiger and that are running in field tests in Wuhan in China. “This shows that our leading fuel cell technology really meets the requirements of use under…

Read more...

20 March 2020

Guaranteed wins Booster Funding from EIT Raw Materials

The EIT RawMaterials Start-up & SME Booster program provides support to start-ups and SMEs to develop innovative products or services that can produce an impact in the raw materials sector or benefit its partners. As is described in EIT's "Raw Materials and Circular Societies Lighthouse" program, raw, processed and advanced materials, from primary and secondary sources, are the backbone of our economy. A radical shift is required…

Read more...

11 March 2020

PowerCell joins Swedish Electromobility Center

Mar 10 2020  •  Press release   PowerCell Sweden AB has signed an agreement to join the Swedish Electromobility Center. PowerCell is joining the Center to contribute to both an increased knowledge about and increased Swedish efforts within the fuel cell technology.   The Swedish Electromobility Center was founded in 2007 by the Swedish Energy Authority in partnership with the Swedish automotive industry and academia…

Read more...

28 February 2020

Increased sales for PowerCell full year 2019

Feb 27 2020  •  Press release  •  Regulatory   PowerCell Sweden AB increased its sales for the full year 2019 with 10 percent, up from MSEK 60.5 to MSEK 66.8 compared to the full year 2018. Sales during the fourth quarter noted a slight decrease, down from MSEK 28.1 to MSEK 27 compared to the same period last year. Operating income for the fourth quarter amounted to MSEK -28,8 compared to MSEK…

Read more...

18 February 2020

PowerCell and Inabata & CO Ltd., sign exclusive distribution agreement for the Japanese market

Feb 17 2020  •  Press release PowerCell has signed an exclusive distribution agreement for the Japanese market with the Japanese trading company Inabata & CO. Ltd. The agreement gives Inabata an exclusive license to market and sell all PowerCell’s fuel cell stacks and fuel cell systems in the Japanese market with the exception of PowerCell S3 for the automotive segment. Through its seven business divisions the Japanese…

Read more...