PowerCell's Per Ekdunge spoke as the AutoStack-Industrie project was presented

The leading Nordic fuel cell company PowerCell Sweden AB (publ) participates in the German AutoStack-Industrie project to develop a fuel cell platform for the automotive industry. When the project was launched last week, PowerCell's Per Ekdunge was one of the introductory speakers.

Last week, the project AutoStack-Industrie was launched in Berlin by Norbert Barthle, State Secretary at the Ministry for Traffic and Digital Infrastructure. In connection with the launch, Per Ekdunge, one of PowerCell's founders and CEO of PowerCell's German subsidiary, held one of three presentations. Per represented the network's five component suppliers.

"This is a network that includes everything from nanoscale component manufacturers to the delivering of complete fuel cell stacks. Together we have previously shown that we are extremely successful partners. AutoStack-Industrie leads to a common fuel cell platform that allows the automotive industry to replace fossil fuels with hydrogen", said Per Ekdunge.

The aim of the cooperation is to create even closer cooperation with the customers and together strengthen the position as global engineering leader of key components for fuel cell technology.

"As early as 2021, the automotive industry will have access to clean technology that will make water the only emission from cars", said Per Ekdunge.

The group of component suppliers include, in addition to PowerCell: Freudenberg, Dana, Umicore and Greenerity.

Berlin, Germany, July 4, 2017

For further information, please contact:

Per Ekdunge CEO, PowerCell Germany GmbH
Phone: +49 069 3085 547102
Email: [email protected]

About PowerCell Sweden AB (publ)
PowerCell Sweden AB (publ) is the leading fuel cell company in the Nordics, which develops and produces environmentally friendly power systems for stationary and mobile customer applications.

PowerCell has developed a modular system of fuel cell platforms, powered by clean environmentally friendly produced hydrogen where only electricity, heat and water are emissions. The fuel cells are also designed to handle the reformed hydrogen from e.g. biogas, natural gas, biodiesel or standard diesel.

In case hydrogen infrastructure is missing, PowerCell has combined its leading fuel cell and reformer technology and developed a fuel cell system, PowerPac, which converts standard diesel, with hydrogen, into electricity. This is done in an energy efficient and environmentally friendly way, in which emissions of carbon monoxide, nitrogen oxides and particles are completely eliminated and the carbon dioxide is greatly reduced compared with a conventional diesel engine.

PowerCell Sweden AB (publ) is listed on First North at Nasdaq Stockholm and is an industrial spinout from the Volvo Group. G&W Fondkommission is appointed Certified Adviser by the Company. Among the largest owners are Midroc New Technology, Fouriertransform, Finindus and Volvo Group Venture Capital. For additional information, please visit: www.powercell.se.

Om PowerCell

PowerCell Sweden AB (publ) är Nordens ledande bränslecellsbolag, som utvecklar och producerar miljövänliga elkraftsystem för stationära och mobila kundapplikationer. 

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Marknad Stockholmsbörsen Kortnamn PCELL ISIN-kod SE0006425815 G&W Fondkommission