EV Charging / 2019

 
Image for AFC Energy Shares Jump As It Inks Deal With Rolec EV.

AFC Energy Shares Jump As It Inks Deal With Rolec EV

May 1st 2019

AFC Energy have signed a Collaboration Agreement with Rolec Services for the design and distribution of integrated EV charging fuel cell systems.

Leading alkaline fuel cell power company AFC Energy signed the collaboration agreement with Rolec Services, setting out the terms of intent for both parties to design and assess integrated Electric Vehicle (EV) charging systems utilising the AFC Energy fuel cell system.

Integrated EV charging systems of varying sizes will be brought to market for the purpose of off-grid power generation, incorporating Rolec's EV charging platform and AFC Energy's fuel cell system.

The ultimate objective of the Collaboration Agreement is for the integrated system to be capable of sale and deployment across Rolec's existing, and AFC Energy's emerging, network of EV charging distributors and customers.

The first demonstration system is expected to be deployed later this year.

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