Nissan Motor Company and UTC Fuel Cells (UTCFC) today announced the signing of an agreement to jointly develop proton exchange membrane (PEM) fuel cell technology.
Under terms of the agreement, Nissan will obtain rights to UTCFC’s technology, and the two companies will continue to jointly develop this technology for automotive applications.
UTCFC will continue its separate development efforts with other auto companies. Financial terms of the agreement were not disclosed.
UTCFC will also have rights to any intellectual property jointly developed by the two companies for use in non-automotive applications, including commercial stationary power plants. UTCFC is currently developing commercial power plants based on PEM technology.
‘Our efforts with Nissan over the past two years have proven extremely successful,’ said Jan van Dokkum, president of UTC Power, noting the December unveiling of Nissan’s X-TRAIL fuel cell vehicle powered by a UTCFC fuel cell power plant. ‘This agreement builds upon our prior efforts and continues our work in advancing this game-changing technology.’
A fuel cell combines hydrogen and oxygen to create electricity without creating emissions that are harmful to the environment. UTCFC’s fuel cell power plants use proprietary technology that manages the water produced by the fuel cell. The result is a simpler, lower cost system that is quieter, more fuel efficient and easier to install into a vehicle than other fuel cell technologies.