UK firm, Intelligent Energy has joined Suzuki in launching a new venture company for the development of fuel cell systems.
The new venture company called Smile FC System Corporations will focus on the advancement and manufacture of air-cooled fuel cell systems for application in a range of industry sectors. The joint venture also includes a non-exclusive license agreement that gives Suzuki access to Intelligent Energy’s class-leading fuel cell technology for its next generation of environmentally friendly fuel cell vehicles.

Having already jointly proved the application of fuel cells in the zero emissions Suzuki Burgman scooter -which became the world’s first fuel cell vehicle to achieve European Whole Vehicle Type Approval- the new deal aims to help widen the use of Intelligent Energy’s systems in a cost-effective manner.
Under the terms of the contract, both companies will take a 50 per cent stake in the joint venture, with Suzuki’s executive vice president Mr. Osamu Honda heading the new company which will be e headquartered in Hamamatsu City, Shizuoka, Japan.
“Suzuki Motor Corporation has been developing fuel cell vehicles with Intelligent Energy since 2006, and this successful relationship has led to the formation of SMILE FC System Corporation,” explained Mr. Honda. “I believe that we can accelerate the commercialisation of fuel cell vehicles through this joint venture with Intelligent Energy.”
The agreement represents good value for both parties, enabling Suzuki cost-effective access to Intelligent Energy’s advanced fuel cell technology through partnering and licensing, thereby avoiding the higher costs associated with in-house development. In return Intelligent Energy will benefit from Suzuki’s production and motor industry expertise and emerging supply chain to develop the next generation of automotive standard air-cooled fuel cell systems.






