The division will be headed by Maria Luiza de Oliveira Pinto e Paiva, who until this month has been head of sustainability at Brazilian pulpmaker Suzano SA.
Company reported a more than 56% jump in half-year revenue and pointed to bullish market conditions for lithium as its loss narrowed from a year earlier.
ZSW’s HyFaB initiative received 10.5 million euros in funding and is aimed at accelerating the transition from small-scale to mass manufacturing of fuel cells.