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SFC Energy and Toyota Tsusho Are Expanding Their Cooperation to Include Southeast Asia and China

By March 22, 2021 3   min read  (524 words)

March 22, 2021 |

SFC Energy AG and Toyota Tsusho Corporation Sign Exclusive Sales and Partner Agreement for Hydrogen and Methanol Fuel Cells for the Japanese market
  • Expansion of the exclusive sales of SFC hydrogen and direct methanol fuel cells to Thailand, the Philippines and Vietnam. 
  • Start of sales activities in China. 
  • Perspective expansion of sales activities in the Asia-Pacific region

Brunnthal / Munich, Germany–SFC Energy AG (F3C: DE, ISIN: DE0007568578), a leading supplier of hydrogen and direct methanol fuel cells for stationary and mobile hybrid power supply solutions, is significantly expanding its sales area.

Together with Toyota Tsusho, SFC Energy is bringing the environmentally friendly and powerful hydrogen and direct methanol fuel cell systems around the EFOY series to other Southeast Asian markets. Toyota Tsusho now sells the units exclusively in Thailand, the Philippines and Vietnam. At the same time, sales activities start in the world’s largest market for sustainable technologies: China.

SFC Energy and Toyota Tsusho are pursuing their joint strategy with high implementation speed. After signing the exclusive sales and partnership agreement in November 2020 and the largest single order for 135 EFOY Pro fuel cells for the Japanese market, the next milestone has now been reached within a short time through expansion into other Asian markets.

Another step in the expansion of the international sales strategy is the interlinking of the competencies of both companies. The long-term goal is to further develop the markets in Southeast Asia and China with a joint team of experts. The aim is to achieve a sales volume of around EUR 100 million by 2025.

“The expansion of our presence in the Asian market is an important cornerstone of our growth strategy. The joint decision made by Toyota Tsusho and SFC Energy enables us to take care of our customers on site even more closely and efficiently and to drive further expansion. Our market-leading competence, in conjunction with the wide range of Toyota Tsusho, creates unique synergy effects on the way to a low-carbon society, ”says Dr. Peter Podesser, CEO of SFC Energy AG.

“Together with our partner SFC Energy, we are keeping pace with the rapid growth in the Southeast Asian markets. Thanks to our close-knit sales network and the environmentally friendly and powerful fuel cell systems from SFC Energy, we offer our customers solutions for the key challenges such as digitization, urbanization and climate protection, which are particularly relevant in Asia and China, ”says Futoshi Horisaki, COO of Toyota Tsusho Corporation Global Parts and Logistics Divisions.

Further information on the off-grid power supply solutions from SFC Energy for Clean Energy & Mobility, Defense & Security, Oil & Gas and Industry can be found at www.sfc-com .

To SFC Energy AG

SFC Energy AG ( www.sfc.com ) is a leading supplier of hydrogen and direct methanol fuel cells for stationary and mobile hybrid power supply solutions. With almost 50,000 fuel cells sold worldwide to date, SFC Energy is a sustainably profitable fuel cell producer. The company sells its numerous award-winning products in clean energy & mobility applications, in the defense & security market, in the oil and gas industry and in industrial applications. The company is headquartered in Brunnthal near Munich, Germany, and has production sites in the Netherlands, Romania and Canada. SFC Energy AG is listed in the Prime Standard of the German stock exchange (WKN: 756857 ISIN: DE0007568578) .

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