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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells -- Ignore unavailable to you. Want to Upgrade?


To: Rickmas who wrote (4557)11/24/1999 10:42:00 AM
From: gg cox  Read Replies (1) | Respond to of 5827
 
"""Ballard's not alone in the industry, but the number of
players is small and getting smaller. European carmakers
PSA and Renault just combined their operations. Forget
them.

Honda (HMC: NYSE ADR) is developing its own
version, as usual, but it's also buying Ballard technology.
General Motors (GM: NYSE) and Toyota (TM: NYSE
ADR) have formed a team of formidable power.

And Ford (F: NYSE) and DaimlerChrysler (DCX:
NYSE) have a team, with Ballard. They are shareholders
in Ballard, and in several associated companies.

A top Ford executive who has been working with
electric cars for 15 years told me in September that in the
end, all the automakers will use either the Toyota-GM
system or the Ballard-Ford-DaimlerChrysler system.

He wasn't exaggerating. In October, Akira Kijima, the
deputy corporate general manager for research at
Mitsubishi Motors, called for Ballard to open its
technology to everyone for the good of the planet. He
said a third party, such as a government or association,
should have control of Ballard's patented ideas.

"This knowledge should be shared by the world, or
there is no future for the world," he told a journalist at
the Tokyo auto show. """
Just recently I was at Epcot Centre in Disney World...Epcot.."showcase of the world"... millions of people trundelling through yearly.I took in the advanced transportation area and was astounded to find only one car, a GM electric and a demo model of a fuel cell...these giant companys listed above better wake up and start SELLING this technology and what better place to do this than Epcot!