PowerCell Sweden launches Chinese subsidiary in Shanghai
Swedish hydrogen fuel cell technology developers PowerCell Sweden AB has announced that it received all permits needed to establish its Chinese subsidiary, PowerCell Fuel Cell (Shanghai) Co. Ltd. Located in Shanghai the recruitment of local employees has started.
"China is at the forefront of the developments within the fuel cell technology and it is essential for PowerCell to be there and to capture the opportunities presented by the Chinese efforts, said Per Wassén, CEO of PowerCell Sweden.
Yibo Zhao, responsible for Sales area Asia has been appointed as manager of PowerCell Fuel Cell (Shanghai) Co. Ltd. He has been with PowerCell since 2017 and has previously worked for Frontpac, where he was a sales representative in China and the Volvo Group. The recruitment of local employees is currently underway.
China has over the last couple of years introduced big subsidies for vehicles that have been electrified using fuel cells and make major efforts within the field of fuel cell technology. PowerCell’s fuel cell stack PowerCell S2 is ideally suited for the Chinese market where it has generated sales with several customers.
PowerCell S2 is the only fuel cell stack with proton exchange membrane (PEM) technology in the market that can tolerate high levels of contamination in hydrogen and can be run on both reformate hydrogen and residual hydrogen. The Chinese industry produces vast amounts of industrial residual hydrogen. Since come time several buses equipped with the PowerCell S2 fuel cell stacks are running in daily field tests in China.