myFC participates in concept study for small vehicles with the Swedish Energy Agency

08 January 2021 - 08:00

Micro fuel cell company myFC has been selected to participate in a concept study for the development of small, environmentally friendly, cost and energy efficient vehicles. The study is funded by the Swedish Energy Agency, led by research institute RISE, with the overall objective to reduce emissions and strengthen the competitiveness of the Swedish automotive industry.

The project will be conducted during the spring of 2021 under the framework of the initiative Strategic Vehicle Research and Innovation (FFI), and is particularly focused on smaller vehicles such as pod taxis. The aim is to increase knowledge in the field of small electric and hydrogen vehicles, thereby strengthening the competitiveness of the Swedish industry.

The concept study will increase knowledge about small vehicles and develop proposals for two powertrain architectures, of which one is a hybrid hydrogen-fuel cell solution. A total of four companies have been selected to participate, and myFC's task is to contribute with expertise in fuel cell technology.

“We have previously shown that we can convert an electric car to hybrid hydrogen fuel cell operation. But the flexibility of our core technology, which is completely unique to us, is especially useful in this project. Our fuel cell is so small and modular that we can adapt it in an optimal way to the power needs of the vehicle, instead of having to adapt the vehicle to the fuel cell, which is the case with many other fuel cell solutions. We are simply very competitive in this area,” says Sebastian Weber, CTO for myFC.

In urban environments, small vehicles are expected to play a major role in reducing emissions. But  for the shift to a new and more environmentally friendly vehicle fleet to occur, the vehicles must offer additional benefits to the companies that use them.

“A taxi business or delivery service only makes money when the vehicles are rolling, and in order to be charged, electric vehicles must stand still. But if you add a fuel cell to the equation, you can keep the business going uninterrupted without having to invest in, for example, extra batteries. It is an incredibly elegant solution and the whole logic behind our technology development, says Sebastian Weber, CTO for myFC.

For further information, please contact: 
myFC Press Office 
Phone: +46 738 09 33 83

Certified Adviser
Avanza Bank
Phone: +46 8 409 421 20

About myFC
Swedish innovation company myFC offers thin, scalable fuel cells that are easy to dimension and adapt to any electric application. myFC develops hybrid technology solutions combining batteries and hydrogen-based micro fuel cells for extended usage and reduced carbon footprint. The company was founded in 2005 and was listed on NASDAQ First North Growth Market in 2014. Its headquarters are in Stockholm. For more information, visit

Provided by: Cision
Nasdaq First North GM (Sweden)
myFC Holding AB
myFC Holding AB is a manufacturer of micro fuel cells and chargers for portable consumer electronic devices such as smartphones and tablets. Its developed and patented both fuel cell and fuel technology and control the essential parts of the JAQ product....
Learn more about company

Related news

We use cookies to make your experience using IPOhub better. By using our site you agree to our use of cookies. Learn More

Create Your FREE Account to stay Up To Date