# ElringKlinger and Plastic Omnium form fuel cell joint venture

ElringKlinger and Plastic Omnium agreed to create EKPO Fuel Cell Technologies, a joint venture for fuel cell stack development and production, with ElringKlinger holding 60% and Plastic Omnium 40%. Plastic Omnium will invest €100 million.

- Type: Partnership
- Announced: 2020-10-28
- Where: Dettingen/Erms, Baden-Württemberg, Germany
- Value: $117.0M (100.0M EUR)
- Status: announced
- Capacity: 10,000 units per year
- Products: fuel cell stacks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Plastic Omnium](https://endata.com/companies/1180.md) (partner)
- [ElringKlinger](https://endata.com/companies/19714.md) (partner)

## Sources

- [elringklinger.de](https://elringklinger.de/en/newsroom/announcements/announcements/elringklinger-and-plastic-omnium-partner-in-fuel-cell-technology-to-accelerate-the-development-of-hydrogen-mobility), 2020-10-28: "ElringKlinger and Plastic Omnium, two automotive supplier leaders in their respective business areas, today agreed to take hydrogen-based fuel cell technology to the next level."
- [elringklinger.de](https://elringklinger.de/en/newsroom/announcements/announcements/elringklinger-and-plastic-omnium-partner-in-fuel-cell-technology-to-accelerate-the-development-of-hydrogen-mobility-2), 2020-10-28: "ElringKlinger and Plastic Omnium, two automotive supplier leaders in their respective business areas, today agreed to take hydrogen-based fuel cell technology to the next level."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
