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AFC Energy deal with ABB offers more access to $140bln EV market

Published: 00:19 17 Dec 2020 AEDT

AFC Energy PLC's (LON:AFC) Adam Bond explains the details of their new deal with Swiss electrical systems giant ABB to develop products for the electric vehicle charger market.

AFC said it will supply its hydrogen fuel cell technology with ABB providing the energy storage know-how and market-leading DC high power EV charge points. 

Alluding to the worth of the deal, Bond says the EV market itself, 'is said to worth around the $140bln mark and ABB are a big player in that market'.

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on 4/10/17