PowerCell and Robert Bosch sign term sheet regarding PowerCell S3 for the automotive segment
PowerCell Sweden AB (publ) has signed a term sheet with the German automotive supplier company Robert Bosch GmbH, regarding a joint development cooperation for the automotive segment regarding PowerCell’s automotive fuel cell stack PowerCell S3 and PowerCell’s fuel cell systems. The parties have also agreed that PowerCell shall start supplying Robert Bosch GmbH with fuel cell stacks for use in Bosch’s prototype fuel cell systems for the automotive industry.The English version is an in house-translation. In case of any discrepancy, the Swedish text will prevail. Following the signing of