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TechnoNews - China - Ballard eyes fuel cell research, production
BEIJING -Reuters/Automotive News -Nov 23, 2005: -- Fuel cell developer Ballard Power Systems Inc. wants to set up research and production joint ventures in China and believes its products can be competitive in the country's developing economy by 2010.
Interim chief executive officer John Sheridan said that the firm was in negotiations with Chinese companies, and auto makers were one possibility for cooperation... Replacing gasoline and diesel in a country where per capital gross domestic product is below $1,500 and clean air is seen as a luxury by many, could be tough, but Sheridan said improved technology would make Ballard competitive... Sheridan was in Beijing for the delivery of three DaimlerChrysler buses powered by its fuel cells, that are part of a worldwide trial of the vehicles... DaimlerChrysler and Ford Motor Co. both have ownership stakes in the Vancouver-based company...
posted by Unknown @ 2:16 PM
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