MyFC declares JAQ Hybrid ready for delivery, expects orders from Telling to be delayed
Swedish fuel cell company myFC (MYFC) anticipates a delay in orders for JAQ Hybrid from Chinese mobile distributor Telling. The company further states that JAQ Hybrid is now complete, IEC certified and industrialized and ready for delivery.MyFC signed the three-phase frame agreement with Telling in December 2016. Phase two, with initial orders of JAQ Hybrid, was previously expected to be initiated in Q4 2017. MyFC is now stating it is not expecting any orders under the frame agreement before year-end, but that orders are expected to arrive in 2018. Sales efforts on markets outside China are