Ceres and Weichai add Bosch to Chinese fuel cell collaboration
By Will Hall - 28th March 2022
China – Ceres Power Holdings plc, based in Horsham, UK, and Weichai Power Co of Weifang, Shandong, have announced that they have signed a non-binding agreement with Robert Bosch Gmbh of Gerlingen, Germany, for the establishing of a three-way collaboration to deliver fuel cells to the Chinese market.
The addition of Bosch to the existing 2018 Weichai and Ceres partnership will increase the scope of the agreement to include stationary power applications. It is now intended that two separate joint ventures will be formed in Shandong Province.