Ford leaves joint venture for fuel cell cars nucellsys

Ford leaves joint venture for fuel cell cars nucellsys

Koln. June 2009 – ford sold its 50 percent share in the nucellsys joint venture, previously operated together with daimler, to the stuttgart-based group. The sale is already scheduled for 1.┬áMay is done, ford spokeswoman monika wagener told dpa thus confirming a report by the stuttgarter nachrichten from today (tuesday).

Nucellsys currently employs 204 people at its kirchheim-nabern location near stuttgart. The company’s history goes back to the 1990s: the cooperation between the then daimler-benz ag and the north american fuel cell specialist ballard power systems initially led to the formation of dbb fuel cell engines in 1997, ford joined the alliance in 1998, and today’s nucellsys gmbh was finally formed in 2005 with the shareholders ford and daimler.

Tighter budgets due to sales crisis

On the one hand, there are economic reasons for ford’s exit: although ford motor company, unlike its us competitors chrysler and gm, has so far escaped insolvency proceedings, the company is posting record losses as a result of the sales crisis in the usa. "We are continuing fuel cell research, but it is very long-term and we want to concentrate our resources more on more timely technologies", explained the spokeswoman for ford’s european research center. Electric drive, hybrid technology and improvements to the combustion engine all contributed to this.

Leave a Comment