Mexican Media Brands
Bosch Buys Stake in U.K. Fuel Cell Developer
Robert Bosch GmbH is spending £8 million ($10 million) to acquire a 4% stake a British developer of next-generation solid oxide fuel cells.
Share
Robert Bosch GmbH is spending £8 million ($10 million) to acquire a 4% stake a British developer of next-generation solid oxide fuel cells.
Horsham,U.K.-based Ceres Power Holdings plc is developing the system, dubbed SteelCell, to function as a stationary charging unit for electric vehicles.
The two companies have been working together since January through a joint development agreement to develop 5-kW fuel cell stacks based on next-generation SteelCell technology. Ceres describes its system as more reliable, efficient and cost-effective than alternative architectures.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
Robotic Exoskeleton Amplifies Human Strength
The Sarcos Guardian XO Max full-body, all-electric exoskeleton features strength amplification of up to 20 to 1, making 200 pounds—the suit’s upper limit—feel like 10 pounds for the user.
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
