AFC Energy (AFC)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

20.40p
   
  • Change Today:
    -0.40p
  • 52 Week High: 22.00p
  • 52 Week Low: 11.28p
  • Currency: UK Pounds
  • Shares Issued: 746.26m
  • Volume: 1,442,031
  • Market Cap: £152.24m
  • RiskGrade: 464

AFC Energy unveils H-Power EV Charger product

By Josh White

Date: Thursday 05 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Hydrogen power generation technology provider AFC Energy confirmed the successful launch of its 'H-Power EV Charger System' on Thursday, and announced its partnership with the British Motor Show 2020 as the event's official electric vehicle charging partner.
The AIM-traded firm said that, following an absence of 12 years, the show was making a return in 2020 as a "celebration of motoring".

It said that, with more than 50,000 expected visitors from the UK and overseas, future technology would be a major part of the relaunched event, which would showcase several of the latest electric vehicles from international automotive manufacturers including the 'Alternative Driving Experience', which would offer test drives in electric vehicles to visitors.

The company said the show would also exhibit technologies that supported rapid electric vehicle deployment into the market, to which AFC Energy claimed its technology would be a "key enabler".

To that end, the firm was officially launching its zero emission, rapid H-Power EV Charger on Thursday.

The system was said to be the first in a series of three discrete H-Power EV Charger unit sizes, that would offer a "unique solution" to several infrastructure challenges, the board said.

In collaboration with the British Motor Show 2020, AFC Energy said the H-Power EV Charger would offer rapid charging capability to several automotive manufacturers showcasing their vehicles at the show's co-hosted EV Zone and Alternative Driving Experience pavilions.

"The British Motor Show is one of the world's iconic motoring events with such a rich heritage in leading innovative engineering and design excellence over many decades," said chief executive officer Adam Bond.

"It is a privilege to have been recognised in such an illustrious setting as the Motor Show and play a small part in this new leadership role as we advance into a new era of highway electrification."

Bond said that journey would begin with the launch of the H-Power EV Charger on Thursday.

"With such a global showcase of world leading automotive manufacturers, this is a standout opportunity to highlight the benefits of AFC Energy's zero emission electric vehicle charging solutions and the benefit this can bring to the world's transition to an electrified vehicle future."

At 1547 GMT, shares in AFC Energy were down 2.46% at 19.9p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AFC Energy Market Data

Currency UK Pounds
Share Price 20.40p
Change Today -0.40p
% Change -1.92 %
52 Week High 22.00p
52 Week Low 11.28p
Volume 1,442,031
Shares Issued 746.26m
Market Cap £152.24m
RiskGrade 464

AFC Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.42% below the market average55.42% below the market average55.42% below the market average55.42% below the market average55.42% below the market average
44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average
Price Trend
41.52% above the market average41.52% above the market average41.52% above the market average41.52% above the market average41.52% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Income Not Available
Growth
47.43% below the market average47.43% below the market average47.43% below the market average47.43% below the market average47.43% below the market average
54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average54.29% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AFC Energy Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:35 27,742 @ 20.40p
16:35 1 @ 20.40p
16:35 10,288 @ 20.40p
16:35 2,710 @ 20.40p
16:35 2,306 @ 20.40p

AFC Energy Key Personnel

CEO Adam Steven Bond
CFO Peter Dixon-Clarke

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