PowerCell Sweden AB has received an order and signed a Memorandum of Understanding with a Chinese company focusing on green energy solutions, specialized in fuel cell applications for commercial light-duty trucks. The two companies see potential for cooperation within range extenders (REX) for commercial light-duty electrified distribution vehicles. They will develop a fuel cell system with the Chinese customer’s methanol reformer based on PowerCells’s S2 fuel cell stack and extensive know-how in reformer technology.
The rapid growth of the Chinese market has encouraged the Chinese company to provide a strategy to meet the huge demand of green technologies that China requires. The company focuses on a variety of fuel cell applications, but primarily small distribution vehicles, backup and portable fuel cell applications.
PowerCell says that the order is strategically important, but will have a limited impact on the company’s results.