JV to develop and manufacture fuel cell systems in Japan

Intelligent Energy, a specialist in clean power systems, and the Suzuki Motor Corporation have announced the creation of a joint venture company called Smile FC System Corporation, to develop and manufacture air-cooled fuel cell systems for a range of industry sectors.
March 16, 2012 Read time: 2 mins

4011 Intelligent Energy, a specialist in clean power systems, and the Suzuki Motor Corporation have announced the creation of a joint venture company called Smile FC System Corporation, to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. The joint venture also includes a non-exclusive license agreement that gives Suzuki access to Intelligent Energy’s fuel cell technology for its next generation of environmentally friendly fuel cell vehicles.

Under the terms of the contract, both companies will take a 50 per cent stake in the joint venture. Smile FC System Corporation will be led by Osamu Honda, executive VP and representative director for Suzuki Motor Corporation, who will become president of the JV which will be headquartered in Hamamatsu City, Shizuoka, with operations initially based in Yokohama, Japan.

According to Intelligent Energy’s Phil Caldwell, newly appointed to the board of Smile FC System, “This joint venture is the latest exciting development in the successful relationship between Intelligent Energy and Suzuki, which has previously resulted in the Crosscage motorcycle and the Suzuki Burgman fuel cell scooter. It is a big step towards the mass production of automotive fuel cell systems.”

For more information on companies in this article

Related Content

  • Accelera in JV for battery production in US
    September 13, 2023
    Accelera, part of engine maker Cummins, along with Daimler Truck and PACCAR will each own 30% of the joint venture, with Chinese battery manufacturer EVE Energy having 10%.
    Read More
  • Developments in hybrid vehicles
    February 27, 2012
    There is an array of future vehicle solutions in development - Mike Woof reports. Ever since Henry Ford's Model T showed that the motor car could provide transport for ordinary people rather than being an exclusive toy of the rich, vehicle numbers have exploded. In every country around the world, vehicle ownership continues to grow.
    Read More
  • Fuel cell vehicle market will accelerate from 2015
    May 1, 2012
    While the market for fuel cell vehicles (FCVs) has been slower to develop than many anticipated a few years ago, major automakers including Toyota, Daimler, GM, Honda, and Hyundai have all publicly stated that fuel cells are a critical piece of a complete clean vehicle portfolio.
    Read More
  • Clean onsite power system introduced
    October 12, 2018
    An innovative onsite power source utilising fuel cell technology has been developed jointly by Intelligent Energy and Taylor Construction Plant (TCP Ltd). This novel, no-emission power product meets the very strictest environmental legislation, allowing it to be used in low emission zones in urban areas or in enclosed areas such as underground quarries, tunnels or carparks where ventilation may be limited. The firms say that this off-grid hydrogen fuel cell power product is designed to meet the changing ne
    Read More

Highlighted Content