NEXT GENERATION FUEL CELL TECHNOLOGY
Low Cost Drives Adoption
Advent is winning the race to be the low cost industry
provider able to take market share from battery and ICE
vehicles
Advent's Patented Technology Provides for Significant Advantage Relative to Peers
Cost
($/kW)
Competition
Cost Reduction through Innovation
Substantial cost savings due to automation of assembly line and
advanced MEA product development projects
Automation of assembly line provides 3x efficiency improvement
in direct labor costs
Advent's advanced MEA will provide the same power output with
-25% of the raw materials
$800
$700
$600
Advent
$500
$400
$300
Ramp-up of
advanced MEA
$200
$100
G
$0
2021
2022
2023
Source: Management estimates.
2025
www.advent.energy
Target:
$80/kw
Cost Reduction by Scale-up
Substantial unit cost savings as MEA production builds up due to
raw material purchasing efficiency & reduced processing costs
Procurement, labor and processing costs all highly competitive
due to location of manufacturing
ADVENT
24View entire presentation