Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

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Nov 14 9:30 AM EST

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To: Rickmas who wrote (4405)	10/14/1999 12:17:00 PM
From: Hawkeye	Read Replies (1) of 5827

DaimlerChrysler and Japan's Largest Oil Company Agree to Test Fuel Cell Technology TOKYO, Oct. 14 /PRNewswire/ -- DaimlerChrysler Japan Holding, Ltd. and Nippon Mitsubishi Oil Co., the largest Japanese energy provider, agreed today to jointly study fuel infrastructure options for fuel cell vehicles. The DaimlerChrysler AG (NYSE: DCX - news) subsidiary is planning to test fuel cell vehicles in Japan. Nippon Mitsubishi currently has 29 public ''Eco- Stations'' in Japan that provide electricity, natural gas, methanol and liquid petroleum gas. Initial fuel cell test vehicles will run on methanol, although the potential for other fuels will be considered. DaimlerChrysler was the first automaker to demonstrate driveable fuel cells vehicles running on hydrogen and methanol, and the Company also is pursuing gasoline reformation. Details of the project, including the number of vehicles to be evaluated and the duration of the program, have yet to be determined. Both companies agree the successful market introduction of the new technology requires cooperation between automotive manufacturers and fuel providers.

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