PowerCell Cuts Operating Expenses 25% and Signs Bosch MOU
PowerCell cut combined selling, administrative and R&D expenses by 25% versus Q3 2025 and expects its annual cost level to be about SEK 50 million lower in 2027. It also signed a non-binding MOU with Bosch targeting power generation demand.
PowerCell Sweden AB (publ) reduced combined selling, administrative and R&D expenses by 25% from Q3 2025. It expects its annual cost level to be approximately SEK 50M lower in 2027. After the quarter, PowerCell signed a non-binding memorandum of understanding with Bosch to target power-generation demand.