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

  • UQM system to power Australian test fleet
    April 25, 2012
    The UQM Technologies’ PowerPhase Select 145 electric propulsion system has been selected by EV Engineering to power its proof-of-concept fleet of Australian-built EV Commodore electric vehicles (EV). The project is converting a fleet of locally manufactured Holden Commodore passenger cars to proof-of-concept fully-electric vehicles by June 2012, to demonstrate the technical viability and attractiveness to customers of a full-size electric car. If successful, technologies used in the project could be conside
    Read More
  • Kubota’s UK deal for compact machine support
    June 13, 2017
    The plant hire sector saw Kobelco expand in Eastern Europe and Kubota raise its UK partnership to a global level. Kobelco Construction Machinery Europe (KCME) has added Kotech in Slovenia as an authorised dealer for the Balkans. Kotech specialises in the sale and service of compact and heavy crawler excavators in Slovenia’s earthmoving, demolition, quarrying and forestry industries. The dealer offers a full service, including rental, repair and maintenance of excavators. Kotech recently sold an SK85MSR to S
    Read More
  • Kubota’s UK deal for compact machine support
    June 13, 2017
    The plant hire sector saw Kobelco expand in Eastern Europe and Kubota raise its UK partnership to a global level. Kobelco Construction Machinery Europe (KCME) has added Kotech in Slovenia as an authorised dealer for the Balkans. Kotech specialises in the sale and service of compact and heavy crawler excavators in Slovenia’s earthmoving, demolition, quarrying and forestry industries. The dealer offers a full service, including rental, repair and maintenance of excavators. Kotech recently sold an SK85MSR to S
    Read More
  • Developments in compact asphalt compaction
    February 20, 2012
    An array of new models has increased competition in the market for compact asphalt compaction products - Mike Woof reports
    Read More

Highlighted Content