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Country: France

  • INOCEL offers clean energy solutions for a future without greenhouse gas emissions.
  • INOCEL is committed to the development and production of compact, high-performance and safe fuel cell systems
  • NOCEL designs, produces and markets high-power, modular fuel cells for the stationary, marine and land-based heavy mobility sectors.
  • INOCEL also supports its customers with predictive maintenance, monitoring and advanced control services.
  • INOCEL is a French company with 2 strategic sites in France.and a gigafactory in Belfort, which will house a production line capable of producing tens of thousands of units a year
  • INOCEL masters the entire fuel cell system value chain, from the bipolar plate to auxiliary components.
  • INOCEL participates in the elaboration of future industry standards to stay one step ahead in the development of tomorrow's products and services
  • More than 60 employees

News

Inocel raises €64 million to industrialize its hydrogen fuel cells 28/03/2024

  • - Target markets: stationary power generation, land-based heavy mobility (trucks, construction equipment, trains, shipping).
  • - Purchasing intentions: 1 billion euros, to be converted into firm orders between 2024 and 2030.
  • - Sales forecast for 2024: between a few hundred thousand euros and 2 million.
  • - Expected revenues in 2025: over 10 million euros.
  • - Sales target for 2030: 100 million euros.
  • - Workforce: around 80 at present, more than a hundred expected by the end of 2024
  • - The Belfort site is designed for 700 employees

Inocel's plan to conquer the fuel cell market 29/06/2023

  • Start-up Inocel was founded in May 2022, and specializes in high-power, modular fuel cells.
  • Their first product is a proton exchange membrane fuel cell (PEMFC) with a power output of 300 kW, a volume of 110 liters and a weight of 100 kg.
  • Inocel's future production site will be located in Belfort.
  • Production of the first units will start in the third quarter of 2024.
  • The production target for 2030 is 30,000 fuel cells a year, with an intermediate target of 10,000 in 2027.
  • Investment of several hundred million euros is expected to set up the plant
  • Inocel has already booked orders worth almost a billion euros.
  • Inocel expects the heavy mobility market (trucks and buses) to become its main source of revenue from 2026 onwards.

Fuel cell production at Belfort by Inocel 11/05/2023

  • Creation of Inocel in Belfort in 2021
  • 2 years of development for the 300 kW fuel cell (equivalent to 407 hp)
  • 1 billion euros in purchasing intentions
  • 60 employees in Grenoble Production in Belfort
  • Plant start-up in September 2024
  • Production capacity of 30,000 cells per year
  • Recruitment of 150 employees in 2024 and 700 employees by 2030
  • Total investment of 50 million euros (including 8 million euros in public funding)

Studies mentioning this company

The battery market - France

Other companies mentioned:

  • Tesla
  • CATL
  • LG Chem
  • Theion
  • Verkor
  • Viridian Lithium
  • Green Corp Konnection GCK
  • Vulcan Energy
  • Blue Solutions
  • Alteo
  • Iten
  • Panasonic
  • Tiamat Energy
  • Eramet
  • Tyva Energie
  • Li-Cycle
  • Limatech
  • Inocel
  • Glencore
  • Neogy (Startec Energy Groupe)
  • GS Yuasa
  • BYD
  • Foresee Power
  • Batteries Prod
  • Vélo Batterie- Batteries Prod
  • Toyota
  • Stellantis (Groupe PSA et Fiat)
  • Volkswagen Group
  • Audi (Volkswagen Group)
  • Tata Group
  • Bolloré
  • Mecaware
  • Nawa Technologies
  • BMW
  • Samsung Group
  • SK Group Korea
  • Nissan
  • Arkema groupe
  • Mob-Energy
  • Batconnect
The battery market - France

Other companies mentioned:

  • Iten
  • Panasonic
  • Tyva Energie
  • Clhynn
  • Inocel
  • Varta
  • BeFC
  • Horiba France
  • Duracell France
  • Maxell France
  • Energizer France
  • Qérys (Bricodeal -Torro)
  • Upergy

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