EQS-News

EKPO to develop and supply fuel cell stacks for a European OEM

EQS-News: ElringKlinger AG / Key word(s): Incoming Orders EKPO to develop and supply fuel cell stacks for a European OEM 02.02.2023 / 11:00 CET/CEST The issuer is solely responsible for the content of this announcement. EKPO to develop and supply fuel cell stacks for a European OEM

• EKPO secures contract for development of fuel cell stacks and supply of prototypes for future series production vehicle to be manufactured by a European car manufacturer
• Development of customized stacks for OEM with high peak power in challenging design space
• Initial contract volume in the mid-single-digit million euro range
• Delivery of fuel cell stacks scheduled for as early as 2023

Dettingen/Erms (Germany), February 02, 2023 +++ EKPO Fuel Cell Technologies GmbH (EKPO) has secured a contract from a European car manufacturer for fuel cell stacks to be fitted to a future series production vehicle. The agreement includes the development of a custom-made stack for the global OEM's future mass-produced vehicle that is to be powered by a fuel cell. In addition to development work, the contract also covers the supply of prototypes and has an initial volume in the single-digit million euro range. Delivery of the stacks is scheduled to commence as early as 2023.

Asked to comment on the latest contract, Dr. Gernot Stellberger, Managing Director of EKPO Fuel Cell Technologies, said, "Our customer has exacting quality standards with regard to its vehicles and the associated production conditions. We are all the more delighted that we were able to present a compelling proposition based on our development and technological expertise." EKPO's stacks meet the challenging demands for a durable and compact design combined with high power density, offering the best combination currently available within the market. Achieving in excess of 6.0 kW/l in the cell block, the existing EKPO stack family is seen as a market benchmark. In addition, EKPO already has the necessary facilities at its headquarters in Dettingen/Erms to ensure production of up to 10,000 stacks per year in compliance with automotive standards. This makes EKPO a dependable and innovative partner. One thing is certain, as Dr. Stellberger points out: "Hydrogen plays a key role as an energy carrier on the path to climate neutrality. The latest contract illustrates that hydrogen is also set to become increasingly important when it comes to personal mobility. EKPO's fuel cell technology offers matching solutions for this purpose."