Brief: Powercell Sweden Signs Agreement With Vantastec Group
27/06/2023 13:58
June 27 (Reuters) - Powercell Sweden AB (publ)
PCELL.ST :
* AGREEMENT SIGNED WITH LEADING VANTASTEC GROUP FOR SERIAL
DELIVERIES TO LIGHT COMMERCIAL VEHICLES
* ORDER VALUE CAN POTENTIALLY AMOUNT TO A TOTAL OF
APPROXIMATELY
SEK 200 MILLION.
* AGREEMENT INCLUDES POWERCELL'S VS5 FUEL CELL SYSTEM
CUSTOMIZED
FOR MOBILITY AND EACH SYSTEM WILL HAVE A CAPACITY OF 5 KW.
* FIRST DELIVERIES WILL TAKE PLACE IN Q3 OF 2024.
* AGREEMENT IS CONDITIONED BY CUSTOMER'S PRODUCT DESIGN
ACCEPTANCE.
Source text for Eikon: ID:nMFN7d1dFv
Further company coverage: PCELL.ST
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