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

  • Asphalt plans silos increase efficiency, reduce waste
    March 21, 2012
    A Colombian contractor tackles specifications for asphalt road work with Astec equipment. Award-winning Colombian contractor MHC has upgraded its Astec Portable Double Barrel plant to handle highway and other projects. The plant, installed in Bucaramanga, equipped with two RAP [recycled asphalt pavement] bins, a Double Barrel Green System, and one New Generation silo was bought by MHC in 2009. It has now received a second silo and a truck scale extension.
    Read More
  • Caterpillar has a Vision that includes total project site overview
    April 5, 2016
    Caterpillar may be on its financial back foot, but a recent event showed the company has a vision far beyond this or the next financial year – David Arminas reports. Many construction machinery manufacturers have some data collection and analysis systems for their heavy equipment. For a good decade, manufacturers have been moving in this direction, first as retrofit packages on machines in the field and increasingly as standard on newer models. Caterpillar is no exception among manufacturers that are movin
    Read More
  • IRF's Zammataro to be chief executive of FIDIC
    March 31, 2025
    Susanna Zammataro, currently director general of IRF, will take up her new role with the International Federation of Consulting Engineers (FIDIC) in May.
    Read More
  • Fuel cell vehicles promise potential
    February 18, 2015
    Automobile manufacturers are gearing up to launch new fuel cell vehicle models during 2015. Reports suggest that up to six fuel cell vehicles will be introduced in the coming year. Toyota looks set to be one of those firms offering its Mirai fuel cell vehicle, while Tata Motors may well introduce a model either under its own brand or that of its UK subsidiary Jaguar Land Rover.
    Read More

Highlighted Content