Bosch to cooperate in large-scale production of fuel cells for trucks and cars
Alliance agreed with stack manufacturer Powercell
- Stefan Hartung: “Bosch is entering the market for mobile fuel cells and is pushing ahead with their commercialization.”
- Bosch and Powercell to jointly continue the development of stacks.
- Bosch to manufacture jointly developed stacks under license for the automotive market.
- By 2030, the share of electric vehicles worldwide powered by fuel cells will be as high as 20 percent.
Stuttgart, Germany – Bosch is entering the market for mobile fuel cells and paving the way for the breakthrough of this technology in trucks and cars. One crucial component here is the stack. As the core of the fuel cell, is converts hydrogen into electrical energy. To further improve and manufacture these stacks, Bosch has now formed an alliance with Powercell Sweden AB, the Swedish manufacturer of fuel-cell stacks. Under the agreement, the two partners will work jointly to make the polymer-electrolyte membrane (PEM) fuel cell ready for production. Bosch will then manufacture this technology under license for the global automotive market. The stack will complement the Bosch portfolio of fuel-cell components, and is to be launched in 2022 at the latest. “In the fuel-cell domain, Bosch already has a strong hand, and the alliance with Powercell makes it even stronger. Commercializing technology is one of our strengths. We are now going to take on this task with determination and develop this market,” says Dr. Stefan Hartung, member of the Bosch board of management and chairman of the Mobility Solutions business sector. Over the long term, the mobile fuel-cell business is potentially worth billions of euros for Bosch. It estimates that as much as 20 percent of all electric vehicles worldwide will be powered by fuel cells by 2030. “With the combined weight of its clout and expertise, Bosch will provide our fuel-cell technology with the chance to gain a foothold in the automotive market. We couldn’t imagine a better partner than Bosch for this,” says Per Wassén, the Powercell CEO.