Plastic Omnium and AVL have signed a partnership agreement to develop high and medium power hydrogen systems.
The deal will enable Plastic Omnium to accelerate the commercial rollout, as of 2022, of a range of high-performance, cost-effective hydrogen systems for use in all categories of vehicles. These complete future systems will incorporate fuel cells from EKPO, a joint venture between ElringKlinger and Plastic Omnium.
The agreement will allow the partners to deliver an integrated response to the full range of market requirements, with complete systems covering all power outputs from 10 to 200 kW.
It will enhance commercial collaboration to provide end-to-end solutions to the fuel cell market, focused on OEMs and fleet operators. Both will set up joint marketing strategy with Plastic Omnium focusing on fuel cell manufacturing and AVL on vehicle integration.
Prof. Helmut List, Chairman of AVL, said, “AVL will bring in 20 years of experience in fuel cell development together with all necessary methods and tools, whereas Plastic Omnium has a unique track record in industrialization and automotive series production”.
Laurent Favre, Plastic Omnium’s CEO, added, “Plastic Omnium is now starting to produce its range of hydrogen solutions at scale.”
Plastic Omnium has reported a 13.4% increase in economic revenue in the first nine months of 2021. It registered growth in all geographical areas. The growth in China and the rest of Asia was driven by a strong recovery from COVID and a lower relative impact from the semiconductor shortages.