PowerCell Sweden is opening its first sales office in China to better meet the “strong increase” in fuel cell technology in the Chinese market.
The fuel cell stacks and systems developer and producer already has sales offices in Japan, South Korea and South Africa, as well as a German subsidiary.
PowerCell said it has initiated the process to find a suitable location for a sales office in China and recruit personnel.
“China is a forerunner when it comes to fuel cells and hydrogen,” Per Wassén, CEO of PowerCell said.
“The Chinese Government view fuel cells as a promising alternative to reduce the emissions of carbon dioxide and particles and we expect demand for the fuel cell technology to increase in China over the coming years.”
PowerCell Sweden AB has signed a term sheet with Germany-based Robert Bosch GmbH for a joint development cooperation for the automotive segment regarding PowerCell’s automotive fuel cell stack PowerCell S3 and PowerCell’s fuel cell systems.
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