HORSHAM, UK: Ceres Power Holdings (AIM: CWR.L), a global leader in fuel cell and electrochemical technology, announced that non-binding Heads of Terms have been signed setting out plans for a three-way collaboration with Weichai Power and Robert Bosch GmbH to access the substantial opportunities that exist for fuel cell technologies in the Chinese markert. The…
Tag: Bosch
Bosch to increase holding in Ceres to 18% to extend strategic relationship
LONDON: Ceres Power Holdings announced that Robert Bosch GmbH (Bosch) will increase its equity shareholding in Ceres from c.4% to c.18%. This is a significant strategic step forward in the partnership established in August 2018 and follows successful collaboration on technology development and manufacturing in both the UK and Germany. Since signing a strategic agreement…