ITM Power agree deal with Roush Technologies

ITM Power has announced a new partnership with Roush Technologies, to develop hydrogen-powered vehicles.

The collaboration will see the two companies join forces to increase the number of low-emission cars on UK roads.

Roush Technologies, which already has considerable experience in the design and engineering of commercial vehicles, will begin adapting internal combustion-engines in cars and developing ways to utilise hydrogen fuel.

ITM says it will work to develop a "breakthrough fuelling solution" which will enable vehicle operators to produce their own hydrogen power.

Jim Heathcote, chief executive of ITM Power, commented: "This is a significant co-operative agreement between two companies who are committed to bringing
practical hydrogen power into the automotive market place within a dramatically reduced timeframe."

Founded in 2000, ITM Power became the first fuel cell company to be admitted to the London Stock Exchange's Alternative Investment Market in 2004.

http://www.itm-power.com/news/58.pdf
http://www.itm-power.com/


© Adfero Ltd

Source: Adfero