Hydrogenics Competitors and Similar CompaniesClear all

Nel Hydrogen's competitors and similar companies include PowerCell Group.
Nel Hydrogen
Nel Hydrogen
Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production.
PowerCell Group
PowerCell Group
PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.
Founding Date
Founding Date
1927
Founding Date
2008
Type
Type
Public
Type
Public
Tags
Locations
Locations
Oslo, NO HQ
Vienna, AT
Brussels, BE
Santiago, CL
Munich, DE
Notodden, NO
Porsgrunn, NO
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Locations
Göteborg, SE HQ
Frankfurt Am Main, DE
Employees
Employees
394
Employees
146
Valuation ($)
Valuation ($)
702.1 m
Valuation ($)
225.2 m

Financial

Revenue (est.)
Revenue (est.)
kr963.1m (FY, 2025)
Revenue (est.)
kr385m (FY, 2025)
Cost of goods
Cost of goods
kr400.6m (FY, 2025)
Cost of goods
kr183.9m (FY, 2025)
Gross profit
Gross profit
kr678.2m (FY, 2025)
Gross profit
kr227.5m (FY, 2025)
Net income
Net income
(kr1.3b) (FY, 2025)
Net income
(kr29.5m) (FY, 2025)

Funding

Total funding raised
Total funding raised
$ 75m
Total funding raised
$ 35.9m
For sources of this data, please see the company profile

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PowerCell Group
HQ
Göteborg, SE
Employees
146

PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.

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