http://www.planetark.org/dailynewsstory.cfm?newsid=9606 Planet Ark
Ballard gets $1.3 million fuel-cell order from Honda CANADA: January 25, 2001 VANCOUVER, British Columbia - Fuel cell maker Ballard Power Systems said on Tuesday it had received a $1.3 million order from Honda Motor Co.'s research unit, which is racing to get an environmentally friendly car on the road. The order for an unspecified number of Ballard's Mark 900 series fuel cells came in the wake of Honda's unveiling in September of a new fuel-cell-powered four-seater car. It said at the time the car would use fuel cells manufactured by Ballard, which is considered the world leader in the technology. Carmakers are racing to put a fuel-cell vehicle on the market by 2003 or 2004. Honda's four-seater is one of several vehicles being tested in California by a coalition of automakers, energy companies and fuel cell designers. Fuel cells produce electricity by combining hydrogen with oxygen. They are considered environmentally friendly because, depending on the source of the hydrogen, they can produce power with only water and heat as byproducts. Ballard's often volatile shares were trading up 3/4 at $72-7/8 midday Tuesday on Nasdaq. They have ranged between $144-15/16 and $50-12/16 in the past 52 weeks. Its shares on the Toronto Exchange were up C$2.50 at C$109.75. (In US dollars unless noted) ($1=$1.51 Canadian). REUTERS NEWS SERVICE Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html To unsubscribe, send an email to: [EMAIL PROTECTED]
