- Dana Inc DAN has signed a long-term cooperation agreement with Robert Bosch GmbH to mass-produce metallic bipolar plates for fuel-cell stacks.
- Dana's metallic bipolar plates are an integral component in the fuel cell stack and help OEMs realize the commercialization of fuel-cell-powered mobility.
- Dana expects the total production volume to exceed 100 million metallic bipolar plates for Europe, Asia Pacific, and North America.
- The plates are expected to support fuel-cell powertrains for commercial vehicle applications beginning in 2022.
- Price Action: DAN shares traded lower by 1.11% at $23.24 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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