PowerCell signs memorandum of understanding with ZeroAvia for series deliveries of fuel cell stacks
PowerCell Sweden AB has signed a memorandum of understanding, MoU, with the UK company ZeroAvia concerning series deliveries of 100-kW fuel cell stacks starting in 2024.It is currently estimated that a final agreement could include delivery of 5,000 units over a five-year period. Final commercial terms will be negotiated in the next phase. The parties’ ambition, in accordance with the MoU, is to reach a final agreement in the third quarter of 2022.ZeroAvia intends to use the fuel cell stacks to produce a 600-kilowatt, low-temperature, hydrogen-electric powertrain that can be used to