DGAP-News

EKPO Fuel Cell Technologies and DR Powertrain collaborate in supplying fuel cell systems to Chinese Market

DGAP-News: ElringKlinger AG / Key word(s): Alliance EKPO Fuel Cell Technologies and DR Powertrain collaborate in supplying fuel cell systems to Chinese Market 08.12.2021 / 09:10 The issuer is solely responsible for the content of this announcement. EKPO Fuel Cell Technologies and DR Powertrain collaborate in supplying fuel cell systems to Chinese Market

• Agreement signed by EKPO and DR Powertrain to establish fuel cell cooperation with focus on Chinese market
• As part of it, EKPO supplies DR Powertrain with fuel cell stacks for systems integration into automotive and non-automotive applications produced by local manufacturers
• EKPO's Chinese site in Suzhou located in close proximity to Shanghai as hub for further activities in Asia within future-oriented field of fuel cell technology

Dettingen/Erms (Germany), December 8, 2021 +++ EKPO Fuel Cell Technologies GmbH (EKPO), the joint venture between ElringKlinger (60%) and Plastic Omnium (40%), and Chinese systems integrator DR Powertrain System Co. Ltd. have signed a partnership agreement to develop fuel cell systems equipped with EKPO stacks for automotive and non-automotive applications with a focus on Chinese market. In this context, the partnership with DR Powertrain is to be extended in the long term and targets numerous Chinese market applications. The Suzhou site, which is located in close proximity to Shanghai, provides a suitable basis for intensifying EKPO's activities in the field of engineering, testing and the production of small-scale volumes for the Asian region.

DR Powertrain is a Sino-German joint venture headquartered in Jiaxing, Zhejiang Province, China. The company focuses on fuel cell vehicles, engineering and special vehicle powertrain systems, as well as hydrogen energy storage systems. Now the status of serial production of 5 - 120kW fuel cell systems and core balance-of-plant (BOP) components has been achieved, and the products have already passed the inspection certification by Chinese authoritative testing organization. DR Powertrain has completed the development and matching of several fuel cell electric vehicle (FCEV) types with Chinese national and international first-class automobile enterprises. Meanwhile, the technical indicators of the products are in the Chinese leading level. The agreement has now been reached to provide the fuel cell systems in FCEVs at this level with technologically excellent stacks.