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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 3.190-6.9%3:59 PM EST
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To: PeterR1700 who wrote (4421)10/21/1999 11:54:00 AM
From: Hawkeye  Read Replies (2) of 5827
 
From thecarconnection.com coverage on the Tokyo Auto Show...

FUEL CELLS PICK UP STEAM More and more
automakers are committing to put fuel
cell-powered cars and trucks into production.
"We want to introduce a fuel-cell vehicle by 2003
or 2004," suggested Tadehiko Takeguchi, Mazda
Motor's senior managing director for research
and development. "We don't want to be later
than that." Mazda's fuel cell technology will
come from Ford Motor Co., which controls the
Asian automaker. And Ford reiterated its own
promise to produce fuel cell cars no later than
2004. Honda officials announced they are
moving rapidly ahead on their own fuel program,
while Juergen Hubbert, the senior product
executive at DaimlerChrysler, emphasized that
"We believe the fuel cell is the most promising
technology for the future. In a series of Tokyo
news conferences, General Motors took a
decidedly environmental bent. At a joint affair
with Toyota, the two companies announced
they've moved a significant step ahead as part of
the joint venture they formed last April. They
have created joint teams charged with putting
fuel cells and hybrid gas-electric powertrains
into commercial use in passenger vehicles by
the middle of the next decade.
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