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09-02-2012 at 09:00: Fuel Cell Joint Venture Established

Suzuki Motor Corporation has announced it will establish a joint venture (JV) company to develop and manufacture fuel cell systems.

The JV will be known as SMILE FC System Corporation (SMILE FC), an acronym for Suzuki Motor and InteLligent Energy.

The JV will be used for developing and manufacturing fuel cell system with Intelligent Energy Holdings PLC (IEH). The UK-based company retains an affiliate company, Intelligent Energy Ltd. (IE), which develops the fuel cell system.

Suzuki and IE have been developing fuel cell vehicles for some years now, such as the motorcycles equipped with air-cooled fuel cell system displayed at the 2007, 2009 and 2011 Tokyo Motor Show.

Together they have also earned Whole Vehicle Type Approval (WVTA)* in March 2011 for the Burgman Fuel Cell Scooter, the world’s first fuel cell vehicle to earn it.

In order to officially develop and manufacture one of the next generation environmental vehicles, a motorcycle and an automobile equipped with fuel cell systems, Suzuki will establish a joint venture company, SMILE FC, in February 2012, for developing and manufacturing fuel cell system with IEH,

The joint venture will be used to manufacture a motorcycle and automobile equipped with fuel cell systems and speed up plans to commercialize a product by combining the fuel cell development technology of IE, and control and mass-production technologies of Suzuki.

The investment rates for SMILE FC will be 50 per cent for both companies. The headquarters will be located within Suzuki headquarters in Hamamatsu City, Shizuoka Prefecture, and its research facility will be located at Suzuki’s Yokohama Laboratory.

Beginning with the air-cooled fuel cell system, which can be characterized with its lightness, compactness, and potential for cost reduction, Suzuki and IE, with SMILE FC at the core, will work on developing mass-production technology and manufacturing of fuel cells, as well as exploiting the global supply chain of fuel cell parts, and familiarizing the fuel cell vehicles.

*WVTA:
In the European Union, a vehicle model without Whole Vehicle Type Approval must gain National Type Approval in each member state where it is to be sold. Whole Vehicle Type Approval enables the model to be sold in all member states.

 

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