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Pastimes : Let's Talk About Our Feelings!!!
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To: Grainne who wrote (64120)11/30/1999 3:47:00 PM
From: Krowbar  Read Replies (1) of 108807
 
Christine, I don't think that Delphi would order fuel cell components from GLE on hype. GLE is now building a fuel cell production facility. I wonder why Ballard isn't doing that.

Here is a recent quote from John Wallace, Executive Director of Th!nk Group, Ford Motor Company

"Wallace believes fuel cells have the "potential" to balance the personal mobility and environmental "equation." He sees them as eventually playing a significant role in the world's energy production and transportation systems. He added, however, that they are "not around the corner" and it will not be easy getting them to the point where they can replace the internal combustion engine. He stated that Ford's first FCEV was a "multi-million dollar vehicle." He said that the newly formed California Fuel Cell Alliance is discovering how little it knows about the commercialization of fuel cell technology from manufacturing to advertising. He remarked that fuel cell research is a "black hole" into which cash disappears. "

I think that black hole that he referred to is Ballard. If you think that Ford is savy about this, thery spent a couple of billion on the sodium sulpher battery, that they then scrapped as a total write-off.

BTW, did you buy ITKG at 0.59 when I recommended it last week? It's 0.87 and climbing.

Del
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