UK-based Cares Power today (Feb 9) confirmed a new three-way system to increase both the industrialisation and manufacturing of hydrogen fuel cells in China, said to be the second largest market in the world.

Now part of the effort, Bosch will licence its solid oxide fuel cells for both mobile and stationary applications in China, alongside Ceres, and will share royalties for the sale of its productions.

Phil Caldwell, CEO of Ceres, said, “This exciting collaboration represents an important step in Ceres’ ambitions for the Chinese market and a critical part of delivering global manufacturing capacity for our technology.

“We have every confidence in our partnership with Weichai and with the addition of Bosch’s expertise in industrialisation and manufacturing have the potential to establish one of the strongest partnerships in the fuel cell industry.”

In addition to the three-way joint venture, Bosch and Weichai Power have also formed a separate stack manufacturing venture as an extension to supply the Chinese market.

H2 View has reached out to Ceres Power about this news and hopes to share further insights with you soon.