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PHOTO FILE: On June 16, 2017, the Bosch logo appears on a semiconductor wafer at the company's manufacturing site in Reutlingen, Germany. REUTERS / Michaela Rehle
FRANKFURT (Reuters) – German automaker Bosch announced Monday that it has entered into a licensing agreement with Powercell Sweden AB for the mbad production of hydrogen fuel cells for the electrification of heavy duty vehicles.
The rules of the European Union require that trucks reduce their carbon dioxide (CO2) emissions by 15% by 2025 and by 30% by 2030, which will force the lorries to reduce their carbon dioxide emissions by 20%. industry to adopt hybrid and electric powertrains.
Hydrogen fuel cells take less time to refuel than electric car batteries, making them more suitable for use in vehicles that have to stay on the road for long periods.
One liter of hydrogen contains as much energy as about three liters of diesel, Bosch added, adding that hydrogen fuel cells will supply about 20% of all electric vehicles by 2030.
Under the agreement, Bosch and Powercell will work together to develop a polymer-electrolyte membrane (PEM) fuel cell for mbad production, Bosch said.
Bosch said that the agreement with Powercell had allowed to invest a million euros in mid-figures.
Reportage by Edward Taylor; edited by Jason Neely
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