FuelCell Energy Inc. (Danbury, CT), has reported revenues of $4,936,000 for the second quarter ending on April 30, 2000, compared with revenues of $5,788,000 in the same quarter of the previous year. Net loss for the period was $1,708,000 or $0.26 per diluted share compared with a net loss of $773,000 or $0.12 per diluted […]
BlueStar Battery Systems International Corp. (Vancouver, B.C.) announced revenues for the six months ending on March 31, 2000, as $63.1 million. This compares to $82.4 million for the same period last year.Revenue for the second quarter was decreased 29 percent at $27.7 million. The result for the second period in 1999 was $38.8 million. The […]
Energy Conversion Devices Inc. (Troy, MI), announced that Nickel-Metal Hydride (NiMH) batteries developed by its subsidiary, Ovonic Battery Company Inc., powered several EVs and HEVs to victory at the Northeast Sustainable Energy Association's American Tour de Sol competition, May 12 to 19, 2000. A General Motors EV1, equipped with NiMH batteries produced by GM Ovonic […]
Tyco Electronics Corp., a unit of Tyco International Ltd. (Harrisburg, PA), announced it has expanded the authorization of Arrow Electronics (Melville, NY) to carry AMP and other Tyco Electronics product brands, effective July 3, 2000. The decision reflects the dynamic increase in the product offerings of Tyco Electronics and the distribution channel changes that accompany […]
Hyundai Motor Co. (Ann Arbor, MI), is building two prototype fuel cell-powered SUVs that use fuel cells from International Fuel Cells. The internal combustion engine in Hyundai's new "Santa Fe" SUV will be replaced by a single-stack, proton-exchange membrane IFC fuel cell and an electric drive system supplied by Enova Systems (Torrance, CA), which supplies […]
As part of its effort to enable leading-edge technological developments in the auto industry, Infineon Technologies Corp. (San Jose, CA) introduced the TLE4942, an integrated hall-effect sensor jointly developed by Infineon and Robert Bosch GmbH (Stuttgart, Germany) for wheel-speed detection in anti-lock braking systems. The TLE4942 is designed to reduce the overall cost of the […]
Ford Motor Co. (Scotland), has built a prototype electric hybrid based on its popular "Ka" city car, an electric hybrid powered by advanced lithium-ion batteries. The "E Ka" reportedly has similar performance to the gasoline-powered model and a range of up to 95 miles. Ford says it also accelerates much quicker than rival electric hybrids. […]
Modine Manufacturing Co. (Racine, WI) plans to develop fuel cells. The company, which has been working for two years on fuel cell heat exchangers for vehicle applications, has formed a Fuel Cell Products Group to bring its heat-transfer expertise to what it calls "an emerging, energy-revolution opportunity." Fuel cells use a chemical reaction of hydrogen […]
Hyundai Motor Co. (Ann Arbor, MI), announced that it is building two prototype fuel cell-powered sport-utility vehicles (SUVs) that use fuel cells from International Fuel Cells (IFC, South Windsor, CT). The internal-combustion engine in Hyundai's new "Santa Fe" SUV will be replaced by a single-stack, proton-exchange membrane IFC fuel cell and an electric drive system […]
To meet the increasing demand for vehicle software, Delphi Automotive Systems (Troy, MI) announced the establishment of a software technical center in Bangalore, India. The new Delphi Technical Center India will open in 2000 to develop software for Delphi's worldwide vehicle applications.The majority of the employees will develop microprocessor software used in embedded controls for […]
A cleaner, lighter and more efficient battery system to fit electric school buses in California will be built and tested through a $375,000 contract awarded today by the California Energy Commission (Sacramento, CA), to the Sacramento Municipal Utility District (SMUD).The contract represents the Commission's share to support phase two of a project to design, develop […]
Unique Mobility Inc. (Golden, CO), a developer of alternative energy technologies, announced the appointment of Stephen J. Roy to the company's board of directors, increasing the number to six members. Since 1989, Roy has been managing director of investment banking for A.G. Edwards and Sons, Inc., a full-service brokerage and investement banking firm, with responsibilities […]
Power Technology Inc. (Las Vegas, NV) announced that it has been awarded Patent Number 6,060,198 for a new electrochemical battery structure, an important milestone toward the company's goal of developing a superior battery that has higher power, lower weight, lower production costs and is environmentally friendly. Preliminary results of Power Technology's new, patented battery structure […]
Electric Fuel Corp. (Iselin, NJ) announced that Koor Industries Ltd. (Tel Aviv, Israel) has agreed to complete a previously contracted equity investment of $10.0 million in Electric Fuel, at a price of $10 per share. The company said that the proceeds will be used for marketing and for the expansion of its production capacity. Electric […]
BMW (Munich, Germany), Renault Group and Delphi Automotive Systems (Troy, MI) signed a memorandum of understanding that will enable further cooperation on a co-development agreement among the companies to produce vehicles that use a solid-oxide fuel cell as auxiliary electric power for cars and trucks. The memorandum was signed May 2, 2000, at Delphi's Paris […]