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

  • Rekor Systems and Kistler are in sync
    January 30, 2024
    The two companies have already tested an integration for New York City where Kistler’s weigh-in-motion sensors and Rekor camera systems are synchronised for detecting overweight trucks.
    Read More
  • A virtual virtuous circle
    January 18, 2021
    Virtual sensors will allow a safer driving experience and reduce road maintenance costs. Tactile Mobility’s Eitan Grosbard talks to David Arminas
    Read More
  • It's all about profit, people and the planet
    February 18, 2025
    Sit in on our latest roundtable discussion on sustainability in the construction and aggregates industries, brought to you by Global Highways and Aggregates Business. AB editor Guy Woodford has been talking to two world-class experts: Jeremy Harsin from Cummins and Michael Gomes from Topcon. Make your planning, your workflows, your contract tenders, and your sites as sustainable as possible. “Sustainability is really about profit, people and the planet,” say our experts. “Being able to drive that is the work that matters.”
    Read More
  • Key developments are changing the face of the machine control market
    April 4, 2013
    Various business moves are changing the face of the machine control sector - Mike Woof reports An array of developments, both business moves and new technologies, are changing the focus for the machine control segment of the construction equipment sector. For a long time three firms, Leica Geosystems, Trimble and Topcon, have dominated this segment. The three are retaining their strong positions in the market but are seeing additional competition from Hemisphere and MOBA. Arguably the biggest news is that T
    Read More

Highlighted Content