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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.910-3.8%Nov 17 3:59 PM EST

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To: BMWIN who wrote (3278)12/16/1998 12:45:00 PM
From: BMWIN  Read Replies (1) of 5827
 
from hyweb.de

Skoda teams up with Daimler-Benz Ballard to sell fuel cell
buses

HyWeb, 98-12-14: According to a Bloomberg report of October 20th, Czech
Skoda Plzen AS has teamed up with Daimler-Benz Ballard to rpoduce fuel cell
buses. Skoda will supply the chassis, body and controlling systems for the new
electric buses drawing on its experience in trolley bus production. Ballard will
supply the fuel cell.

Skoda, which says it has 60% of the world's trolley bus market, signed a
memorandum with British Columbia's Prime Minister Glen Clrak, outlining its
business in the Canadian province. The first buses could begin operating in
Vancouver in 2000, Skoda said. If successful, Skoda could supply about 50
buses a year to Vancouver.

Skoda announced to send two buses to Beijing next year as part of a project
financed by the World Bank. Skoda also offered to supply buses for Czech spa
town Karlovy Vary (Carlsbad).
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