DaimlerChrysler and Ford invest more in Ballard Power Systems, Inc. free review DaimlerChrysler and Ford yesterday announced their joint provision of $58m in further funding of fuel cell development by their Canadian partner Ballard Power Systems, and their roles in the fuel cell alliance are to change. ballard power systems ballard power systems CANADA: Fuel cell specialist restructures alliance with major carmakers (http://www.just-auto.com/news_detail.asp?art=44995 , just-auto.com) Ballard to sell fuel cell business to auto partners (http://www.canoe.ca/NewsStand/LondonFreePress/Business/2004/07/09/532576.html , London Free Press)   
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DaimlerChrysler and Ford invest more in Ballard Power Systems, Inc.

DaimlerChrysler and Ford yesterday announced their joint provision of $58m in further funding of fuel cell development by their Canadian partner Ballard Power Systems, and their roles in the fuel cell alliance are to change.

Updated Jul 9, 2004 17:07:06
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Description:
CANADA: Fuel cell specialist restructures alliance with major carmakers (http://www.just-auto.com/news_detail.asp?art=44995 — just-auto.com)
Ballard to sell fuel cell business to auto partners (http://www.canoe.ca/NewsStand/LondonFreePress/Business/2004/07/09/532576.html — London Free Press)

Similar news:
  • Ford, DaimlerChrysler, Ballard realign partnership to produce fuel cells - DETROIT (AP) - DaimlerChrysler AG and Ford Motor Co. would provide $58 million to a Canadian partner for further fuel cell development and alter their roles in the alliance as part of a proposed agreement announced Thursday.
  • Ballard Power Posts Narrower Loss in 2Q - Ballard Power Systems Inc., a maker of emission-free fuel cells and systems, said Wednesday that second-quarter losses narrowed year-over-year to post better-than-expected results, but revenue declined across many business segments on lower volumes and ..
  • Chrysler and Ford to co-invest in fuel cell manufacturer - DaimlerChrysler (DC) and Ford have agreed to jointly invest in Canada's Ballard Power Systems, the largest manufacturer of fuel cells for automobiles, and to restructure their alliance with the company to speed up ...
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