Companies Reaffirm Fuel Cell Alliance.(Ballard Power Systems, DaimlerChrysler)(Brief Article)

Electric Vehicle Online Today, January, 2001

Ballard Power Systems, Inc. recently stated that a news article in the January 15 edition of Japan's Nikkan Kogyo Shimbun is factually incorrect in stating that DaimlerChrysler will buy automotive fuel cells from the Mitsubishi Corporation, ending an exclusive relationship with Ballard.

Ballard and DaimlerChrysler said they remain committed to their exclusive proton exchange membrane (PEM) fuel cell alliance, which includes Ford Motor Company.

"Our long standing relationship with DaimlerChrysler is very strong, as is the formal fuel cell alliance and exclusive supply agreement we formed with them in 1997," said Ballard chairman and CEO Firoz Rasul. "Ballard is recognized as the world leader in the PEM fuel cell industry. DaimlerChrysler and Ford...

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