PowerCell Expands Partnership with Bosch to Boost Fuel Cell Adoption in China

PowerCell Sweden AB ( (SE:PCELL) ) has issued an update.

PowerCell Sweden AB has expanded its strategic partnership with Robert Bosch GmbH to accelerate the adoption of hydrogen fuel cell systems in China, particularly in mobility applications. This collaboration aims to scale the technology for broader customer access in high-growth markets like China and the global power generation sector. Bosch has acquired rights to adapt PowerCell’s S3 stack for the Chinese automotive market, valued at approximately €6 million, and the agreement will be reflected in PowerCell’s Q2 2025 interim report. Additionally, PowerCell will provide Bosch access to non-automotive sectors in China, such as backup power and industrial mobility, which are rapidly electrifying and require high-efficiency solutions. This partnership is expected to enhance market penetration of fuel cell systems in these sectors, leveraging Bosch’s industrial capacity and PowerCell’s advanced technology.

The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK35.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.

More about PowerCell Sweden AB

PowerCell Sweden AB is a global leader in hydrogen electric solutions, specializing in unique fuel cell stacks and systems. With a focus on accelerating the transition to a sustainable, emission-free world, PowerCell targets industries such as aviation, marine, off-road, on-road, and stationary power generation. Headquartered in Gothenburg, Sweden, the company is listed on Nasdaq Stockholm and operates with a global sales presence.

Average Trading Volume: 148,353

Current Market Cap: SEK1.55B

For a thorough assessment of PCELL stock, go to TipRanks’ Stock Analysis page.