Automotive

PowerCell’s product design approved with SEK 35m order

6th March 2024
Sheryl Miles
0

PowerCell announced a five-year framework agreement for serial deliveries of fuel cell systems with the British company ColGar Energy, a subsidiary of the Vantastec Group.

The agreement was conditional on the customer approving the product design, which has now happened.

The order signed by Vantastec Group includes deliveries in 2024 and 2025. PowerCell will deliver its VS5 fuel cell system, which is adapted for mobility. Each system has a capacity of 5kW and will be used to generate auxiliary power for a ‘Meals on Wheels’ van fleet in Wales.

“Our tailored hydrogen-electric solutions are perfect for vehicles that need auxiliary power to run, for example, cooling or heating systems,” says Richard Berkling, CEO of PowerCell. “We are now entering a new segment with our emission-free solutions, which opens up new, significant opportunities. This product introduction opens new markets for us and here we see the benefit of governmental incentives to stimulate market demand. Regions and countries that invest in hydrogen infrastructure rather quickly see an emerging market with a functioning value-chain that will drive the industry forward and increase demand overall.”

ColGar Energy, a subsidiary of Vantastec, a market specialist in rebuilding light commercial vehicles for various market segments.

"This partnership is significant for us as it allows us to address the increasing demand for environmentally friendly, zero-emission vehicles. Using a hydrogen fuel cell system to produce electricity for ancillary equipment means we can now offer vehicles that not only comply with but surpass the 2030 regulations today," says Gareth Edwards, Founder and Chief Sales Officer of ColGar Energy. "In collaboration with PowerCell, we aim to revolutionise a significant sector of the transportation industry."

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