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

  • A Long Relationship continues
    March 4, 2025

    Huyton Asphalt Ltd. has a unique place in the history of ABG Pavers and something we believe to be unique in the world.

    The Company has purchased many of each models over the years. In fact, it is the only known company in the world to still own and operate every wheeled paver manufactured by ABG in Hameln over the last 25 years. Testimony to both the robust build of the brand but also the care that Huyton Asphalt take care of their fleet.

    Read More
  • Swiss motorcyclists want constitutional protection
    March 15, 2012
    CI-Motords, a scooter and motorcycle users pressure group in Switzerland, has called for the right of freely choosing modes of transport to become part of the constitution.
    Read More
  • Zipping up road lanes – with Barrier Systems
    September 10, 2018
    QMB has a Lindsay Road Zipper on duty near Montreal. World Highways deputy editor David Arminas climbed aboard As vice president of Canadian barrier specialist QMB, based in Laval, Quebec, Marc-Andre Seguin is sanguine about the future for moveable barriers. On the one hand, it looks good. The oft-stated advantage of moveable barriers is that the systems are cheaper to install than adding a lane or two to a highway or bridge. Directional changes to lanes can boost volume on a road without disrupting tra
    Read More
  • JCB’s clean excavator innovation
    July 2, 2020
    JCB has unveiled its clean excavator innovation.
    Read More

Highlighted Content