PRESS RELEASE : EKPO Fuel Cell Technologies secures high-volume series production contract for fuel cell stacks

DGAP-News: ElringKlinger AG / Key word(s): Incoming Orders 
EKPO Fuel Cell Technologies secures high-volume series production contract for fuel cell stacks (news with additional 
features) 
2021-05-17 / 18:00 
The issuer is solely responsible for the content of this announcement. 
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EKPO Fuel Cell Technologies secures high-volume series production contract for fuel cell stacks 
  . Subsidiary of ElringKlinger and Plastic Omnium receives series production order covering a projected total volume 
    in the high double-digit million euro range 
  . Contract with AE Driven Solutions for exclusive, multi-year supply of NM5-evo fuel cell stacks from 2022 onward 
  . AE Driven Solutions equips delivery vehicles for urban spaces with fuel cell systems 
Dettingen/Erms (Germany), May 17, 2021 +++ The order pipeline of EKPO Fuel Cell Technologies GmbH (EKPO), the joint 
venture between ElringKlinger (60%) and Plastic Omnium (40%), is continuing to fill up: Aachen-based mobility company 
AE Driven Solutions GmbH (AEDS) has awarded EKPO an exclusive, multi-year contract to supply fuel cell stacks of the 
type NM5-evo. The order covers a planned volume in the high double-digit million euro range. The stacks are designed to 
meet AEDS's key criteria of performance, durability, and smooth operation and are to be fitted to delivery vehicles as 
part of the company's system integration efforts, the aim being to offer environmentally friendly drive technology in 
urban spaces. Series production of the stacks is scheduled to commence in the first half of 2022. 
The NM5-evo stack is the newest addition to EKPO's stack portfolio. Alongside high power density of up to 4.6 kW/l in 
the cell block, it meets the customer's exacting standards in respect of durable, compact fuel cell stack design. In 
addition to the comparatively low weight, this includes a high power spectrum of up to 76 kW in pressure mode. 
Furthermore, the stack design offers the best possible basis when it comes to scaling and modularization, thus allowing 
the end customer to design its usage application with maximum flexibility and efficiency. 
Like EKPO, AEDS has geared its business to next-generation mobility. The Aachen-based company equips vehicles for 
inner-city transport with eco-friendly fuel cell systems. In this context, the AEDS team can draw on its extensive 
expertise in the field of e-mobility. Following the successful development of the Streetscooter as a battery-powered 
delivery vehicle by the company's core team and its launch as a series application, AEDS is now using its experience to 
deploy fuel-cell-powered vehicles in conjunction with new mobility concepts in urban regions. In addition to CEO Tobias 
Reil, a former member of the executive board and head of production at Streetscooter GmbH, the AEDS team includes the 
shareholders Prof. Achim Kampker, one of the founders of Streetscooter GmbH, and Stefanie and Alexander Peters, 
managing partners of the NEUMAN & ESSER GROUP, which covers the entire value chain from the generation, compression, 
production and storage of hydrogen as well as green gases. In collaboration with other companies and institutions such 
as TÜV Rheinland, the PEM Group, and RWTH Aachen University, a next-generation mobility cluster centered around battery 
and hydrogen technologies is currently being created at the AEDS site in Aachen. 
When it comes to evolving climate-friendly mobility, AEDS sees, similar to EKPO, the significant benefits associated 
with hydrogen-based technologies. In those cases in which the requisite hydrogen is produced by wind, solar, or water 
power, the drive system that relies on such fuel cell technology can be considered completely CO2-neutral. In the field 
of mobility, the advantages of hydrogen come to the fore wherever idle time is costly. In addition to long-distance 
transport, this applies above all to the area of last-mile delivery, i.e., applications with a long range or cyclical 
operation. Areas of use for vehicles include commercial and delivery vehicles as well as buses, but also industrial 
applications in the mobile sector such as special vehicles and materials handling equipment. In addition, 
hydrogen-based fuel cell drives are suitable for trains, ships, or aircraft. 
Through its parent company ElringKlinger, EKPO has been actively pursuing fuel cell research and development for around 
20 years. The compact stacks are based on proton-exchange membrane (PEM) technology and convert chemical into 
electrical energy using hydrogen and oxygen. EKPO offers stacks in various configurations for integration into customer 
systems. Stacks with peripheral components and system functionalities integrated into the media module are also 
available as an option. These features enable considerable simplification and cost reduction with regard to the fuel 
cell system. Drawing on the system solutions of its parent company Plastic Omnium, EKPO can cover the entire value 
chain of a hydrogen-based fuel cell drive. EKPO has an initial production capacity of up to 10,000 stacks per year, 
which will be gradually expanded in line with its order intake. 
For further information, please contact on behalf of EKPO Fuel Cell Technologies: 
ElringKlinger AG 
Strategic Communications 
Dr. Jens Winter 
Telefon: [phone] 
E-Mail: [e-mail] 

About EKPO Fuel Cell Technologies

EKPO Fuel Cell Technologies (EKPO), headquartered in Dettingen/Erms (Germany), is a leading joint venture in the development and large-scale production of fuel cell stacks for CO[2]-neutral mobility. The company is a full-service supplier for fuel cell stacks and components used in passenger cars, light commercial vehicles, trucks, buses, as well as in train and marine applications. Within this context, the company is building on the industrialization expertise of two established international automotive suppliers - ElringKlinger and Plastic Omnium.

The aim of the joint venture is to develop and mass-produce high-performance fuel cell stacks in order to further advance CO[2]-neutral mobility - whether on the road, rail, water or off-road. ----------------------------------------------------------------------------------------------------------------------- Additional features: File: Production at EKPO Fuel Cell Technologies -----------------------------------------------------------------------------------------------------------------------

2021-05-17 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------

Language:     English 
Company:      ElringKlinger AG 
              Max-Eyth-Straße 2 
              72581 Dettingen/Erms 
              Germany 
Phone:        071 23 / 724-0 
Fax:          071 23 / 724-9006 
E-mail:       [e-mail] 
Internet:     www.elringklinger.de 
ISIN:         DE0007856023 
WKN:          785602 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange 
EQS News ID:  1197444 
 
End of News   DGAP News Service 
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1197444 2021-05-17

 
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May 17, 2021 12:01 ET (16:01 GMT)