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09 Aug
09:46

Weifu to expand European hydrogen fuel cell business

Chinese vehicle parts and component company Wuxi Weifu High-tech plans to expand production and R&D capacities to better support the hydrogen fuel cell business in Europe, Kallanish learns.  The Shenzhen-listed firm says it will invest another €1.4 million ($1.53m) in its Belgium-based subsidiary Borit NV through its wholly-owned subsidiary Weifu Holding ApS. It will still indirectly hold a 100% stake in Borit. Weifu Holding ApS is based in Denmark…
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