RE: Fund raising?22 Dec 2020 00:32
MPO, ITM decided to build a huge factory to produce the electrolisers, AFC business model is to buy in specific items for assembly which doesn’t require that sort of capital or premises.
Also, AFC have been surgical in cost reduction and assistance was sought from vendors/partners in how to do this, hence the comment from ABB that their fuel cell was cost efficient.
You obviously have a downer on AFC as every post is negative, miss out on the rise?