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

  • UK: FM Conway and Nynas agree Thames River bitumen storage deal
    April 15, 2015
    Infrastructure services contractor FM Conway has signed a deal to supply Nynas, a UK provider of bitumen binder, with bitumen from its recently rebuilt Imperial Wharf terminal. The facility is on the River Thames in the town of Gravesend, near the mouth of the river and down river from London. FM Conway invested around €3.5 million to refurbish the terminal which was finished last September. The terminal has the capacity to dock and store up to 7,500tonnes of bitumen. Under the deal, Nynas will bas
    Read More
  • China developing electric vehicle framework
    March 21, 2012
    China’s Standardisation Administration is now giving its approval for new legislation covering charging of electric vehicles. The legislation is for issued four sections of the Electric Vehicle Charging Interface and Communication Protocol Standards.
    Read More
  • Mott MacDonald to advise UK’s DfT
    June 18, 2025
    Mott MacDonald will advise the UK’s DfT.
    Read More
  • Reality check: Topcon’s Aptix
    July 20, 2023
    The biggest challenge facing construction professionals and general contractors is disconnected data and/or siloed data sources. The recently launched Aptix integration platform has broken down these silos, explains Topcon’s Scott Langbein.
    Read More

Highlighted Content