cellcentric presents latest generation of its fuel-cell technology

• Presentation of the new fuel cell system generation with 150 kW net power output
• Drastically improved service life and optimized design
• Specially developed for commercial vehicles with energy-intensive use
• More details at the IAA Transportation 2022, Hanover, September 20-25, Hall 24, Booth C23

Stuttgart - At the IAA Transportation 2022, cellcentric, the 50:50 fuel-cell joint venture of Daimler Truck AG and the Volvo Group, will present its latest innovations on the way to fuel-cell series production. The company will debut its new generation fuel-cell system, with 150 kW net power and an improved design.

The manufacturer of fuel-cell systems, which are primarily used in heavy-duty commercial vehicles to enable emission-free long-distance transport, is thus underlining its industrialization expertise. In hall 24, booth C23 cellcentric presents two fuel-cell systems to the specialized public.

Significant improvements in all relevant areas are provided by the new generation BZA150, which is intended for series production. It has a net power of 150 kW, the voltage range is between 650-850 VDC, the service life is approximately 25,000 operating hours, and the weight is around 230 kg.

"Our new development impressively demonstrates the potential of fuel cell technology," said Dr. Matthias Jurytko, CEO at cellcentric GmbH & Co. KG. "After all, within just one generation, we have been able to increase net power by 36 percent while reducing weight by eight percent. Even more decisive, however, is the improved service life, which is now equivalent to that of a conventional diesel unit in long-distance use."

In the future, two of the newly developed units with a total net output of 300 kW will be used in long-distance trucks (twin system). They will be installed in place of the conventional powertrain.

Also on display at the IAA is the BZA100+ fuel-cell power unit. It has a net power of 110 kW, a voltage range of 600-750 VDC and a lifetime of 3,000 hours with a weight of 250 kg.

Special requirements for energy-intensive use provided

cellcentric not only adapts existing fuel cell technology. For crucial technology components, the company is developing a completely new generation of fuel-cell systems that meet the complex and special requirements of commercial vehicles in the heavy long-distance and heavy-duty sector. cellcentric's fuel-cell systems enable high loading volumes and payloads as well as the required long-distance capability and flexibility. They keep trucks moving when there is no time to recharge – perfect for long distances and heavy loads and in parts of the world where charging options are limited.

About cellcentric

cellcentric develops, produces and markets fuel cell systems for use in heavy-duty commercial vehicles as its main focus, as well as for other application areas with similar requirements. cellcentric is a joint venture of Daimler Truck AG and the Volvo Group, founded in 2021. The company leverages the know-how and extensive experience from several decades of development work on fuel cells at its predecessor companies. cellcentric's goal is to become a leading global manufacturer of fuel cells and thus contribute to climate-neutral and sustainable transportation by 2050.

Contact:

Kim Jana Eisfeld, +49 (0) 176 30963783, kim.eisfeld@cellcentric.net

Further information about cellcentric is available on the Internet:
www.cellcentric.net

This document contains forward-looking statements regarding our current assessment of future events. Words such as "anticipate," "assume," "believe," "estimate," "expect," "intend," "may/might," "plan," "project," "should" and similar expressions identify such forward-looking statements. These statements are subject to a number of risks and uncertainties. Some examples are an unfavorable development of the global economic situation, in particular a decline in demand in our most important sales markets, a deterioration of our refinancing options on the credit and financial markets, unavoidable events of force majeure such as natural disasters, pandemics, acts of terrorism, political unrest, armed conflicts, industrial accidents and their consequences for our sales, purchasing, production or financing activities, purchasing, production or financing activities, changes in exchange rates and customs regulations, a change in consumer behavior towards smaller and less profitable vehicles or a possible loss of acceptance of our products and services resulting in an impairment in the enforcement of prices and in the utilization of production capacities, price increases for fuels and raw materials, interruptions in production due to material shortages, labor strikes or supplier insolvencies, a decline in resale prices of used vehicles, the successful implementation of cost reduction and efficiency improvement measures, the business prospects of companies in which we hold significant equity interests, the successful implementation of strategic collaborations and joint ventures, changes in laws, regulations and government policies, particularly as they relate to vehicle emissions, fuel economy and safety, and the conclusion of ongoing governmental or agency investigations and the outcome of pending or threatened future legal proceedings, and other risks and uncertainties, some of which are described under the heading "Report on risks and opportunities" in the current Annual Report. If any of these uncertainties or contingencies materialize, or if the assumptions underlying any forward-looking statements prove incorrect, actual results may be materially different from those expressed or implied by such statements. We neither intend nor assume any obligation to update forward-looking statements on an ongoing basis, as they are based solely on circumstances as of the date of publication.

cellcentric GmbH & Co. KG
cellcentric develops, produces and markets fuel cell systems for use in heavy-duty commercial vehicles as its main focus, as well as for other areas of application outside vehicles. cellcentric is a joint venture of Daimler Truck AG and the Volvo Group, founded in 2021 and leveraging the know-how and extensive experience from several decades of development work on fuel cells at its predecessor companies. The goal of cellcentric is to become a leading global manufacturer of fuel cells, helping the world take a major step towards climate-neutral and sustainable transportation by 2050. More than 300 highly qualified employees are driving our state-of-the-art fuel cell technology forward. They work in interdisciplinary teams at sites in Nabern, Untertürkheim (Germany) and Burnaby (Canada). Around 700 individual patents have been granted, underlining the company's leading role in technological development."