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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To: BMWIN who wrote (2741)	6/11/1998 11:21:00 PM
From: BMWIN	Read Replies (4) of 5827

From htt:://interactive.wsj.com TOKYO (Nikkei)--Toyota Motor Corp. (TOYOY or 7203) and General Motors Corp. (GM) have agreed on the joint development of technologies to protect the environment, including fuel cells for advanced low-pollution vehicles, The Nihon Keizai Shimbun Friday morning edition reported, citing sources at Toyota. Toyota claims to have the highest level of fuel-cell technology in the world and GM sought cooperation from Toyota to help develop fuel cell-powered cars by early in the next century, the newspaper said. Toyota Chairman Shoichiro Toyoda recently confirmed the agreement when he visited GM Chairman John Smith. The partners will from July begin exchanging information via company engineers about four or five times a year. The tie-up is intended to challenge the recent fuel-cell alliance between Daimler-Benz AG (G.DAI) of Germany and Ford Motor Co. (F). The Toyota-GM partnership will also focus on curbing carbon dioxide emissions, reducing noise and greenhouse gases, and on measure to encourage vehicle recycling, the sources said.

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