Annual Financial Report 2020 of Proton Motor parent company announced

Proton Motor's parent company Proton Motor Power Systems plc, which is listed on the London Stock Exchange with the sustainable, green "PPS share", has now published its Annual Report for the year ended 31 December 2020.

CEO Dr. Faiz Nahab commented: "Although faced with highly challenging trading conditions in 2020, the Company has made significant progess. In the year ahead, we are focused on further progressing the maturity of the Group`s technology offer, ramping up production capacity and exploiting the current potential order intake and sales pipeline.

Furthermore, it is anticipated that the significant strengthening of political commitment to hydrogen, as evident in 2020, will contribute further accentuating the demand of hydrogen related producers, such as the fuel cell."

Image caption: The management board of Proton Motor Power Systems plc_from left_R. Kotlarzewski (CFO), Dr. F. Nahab (CEO), H. Gierse (Chairman), S. Goldner (CTO & COO), M. Limbrunner (Director Sales & Marketing)