Shanghai Fudan Microelectronics Co. Ltd. (China) announced that it returned to the black with a net profit of $4,096 for the three months ended March, 2001. In comparison, the company lost about $28,000 in the year-earlier quarter. The company makes power control ICs and ballast control ICs for use in telecommunications, automotive and power supply […]
Scania (Sweden) introduced a new emission-free fuel-cell bus concept at the 54th UITP Public Transport Exhibition (UK). The bus is driven by a hybrid-electric propulsion system, including a battery buffer. The electric energy is generated by fuel cells using hydrogen as fuel. Brake energy is recycled. The new bus is fuelled with pure hydrogen and […]
London's Westminster City Council (UK) bought what is being touted as the first zero-emission fuel cell vehicle to be sold commercially. The van, which will be used in the upkeep of London's parks, was sold to the council by ZeVco (UK), part of the ZeTek Power Group (UK), for $47,000. The vehicle has a top […]
Mayor Wellington Webb of the city of Denver, CO, announced that the city is continuing to step up efforts to help the...
Zapworld.Com (ZAP, Sebastopol, CA) has signed a best-efforts underwriting agreement with Donner Corp. (Santa Ana, CA) for a public offering of preferred stock to raise up to $12 million. Gary Starr, CEO of Zapworld, explained the reasons for the additional capital requirements, saying, "Over the last several days, we have disclosed our plans to transform […]
Exide Technologies (Princeton, NJ) recently announced that its plant in Cwmbran, Wales has received ISO/TS 16949 certification. The factory manufactures approximately 1.5 million lead-acid batteries per year for Exide's transportation business group for both original-equipment and aftermarket sales. "The certification process began with a documentation audit prior to the actual on-site, three-day assessment for a […]
Synergy Technologies Corp. (Canada) announced that a 2.5 liter SynGen reactor system, designed by the company and installed at its Calgary facility, had successfully reformed feeds of natural gas into the hydrogen-rich fuel required for fuel cells. The company claims that the 2.5 liter system, which has been developed to demonstrate and optimize reformer design […]
Zapworld.Com (ZAP, Sebastopol, CA) and Voltage Vehicles (Fulton, CA) announced that they have entered into an agreement to form a joint venture to develop, design, manufacture, and distribute a full line of new personal electric vehicles as well as ZAP's current line of electric vehicles (EVs). Voltage Vehicles has also entered into an agreement to […]
Electric Fuel Corp. (New York, NY) announced a plan to form a dedicated electric vehicle company. The new wholly owned subsidiary, to be called Electric Fuel Transportation Corp., will focus on commercializing Electric Fuel's zero-emission zinc-air all-electric hybrid transportation systems. Electric Fuel announced that it has begun a worldwide search for a president who can […]
Microsemi Corp. (Irvine, CA) is a corporate sponsor of the University of Minnesota's (UMN, Twin Cities, MN) fifth-generation solar-powered car that will...
Exide Technologies (Princeton, NJ) announced results for its fourth fiscal quarter and full year results for fiscal 2001, ended March 31, 2001. For the fourth fiscal quarter, consolidated net income was $0.5 million, or $0.02 per diluted share, excluding non-recurring items, on consolidated revenues of $707.7 million. This compares to a net loss of $1.0 […]
Exide Technologies (Princeton, NJ) has signed a multi-year development and supply agreement with Maxwell Technologies Inc. (San Diego, CA) to develop and market advanced, integrated stored energy systems for military, commercial and certain types of passenger vehicles. The partnership will produce battery/ultracapacitor systems that incorporate Exide Technologies' spiral-wound Exide Select Orbital batteries and Maxwell's PowerCache […]
UQM Technologies (Golden, CO) announced that it will supply UQM propulsion motors, generators and power electronic controllers to PEI Electronics Inc. (Huntsville, AL). UQM reports that this is part of a program with AM General Corp. (South Bend, IN) to develop pre-production high-mobility multipurpose wheeled vehicles (HUMVEEs) powered by a hybrid-electric powertrain. Commenting on the […]
International Rectifier Corp. (IR, El Segundo, CA) announced a strategic collaboration with Sanken Electric Co. Ltd. (Japan) that includes joint design and development activity between the two power semiconductor companies for next-generation proprietary power-management products. The collaboration also includes a cross-shareholding agreement. IR has agreed to purchase approximately two percent of Sanken's shares, for about […]
Millennium Cell Inc. (Eatontown, NJ) announced that it has signed a non-binding letter of intent with Air Products and Chemicals Inc. (Allentown, PA). Millennium Cell and Air Products are discussing the possibility of entering into a joint research agreement aimed at developing the process for converting sodium borates to sodium borohydride. "Air Products is a […]