Monday, November 05, 2007

Daimler purchases fuel cell company?

Daimler ramps up fuel cell efforts?

Daimler has agreed to purchase Ballard Power Systems' automotive fuel cell division according to Reuters.

Few details have been released about the deal, but an announcement is expected some time this month. However, Ballard has responded to this story by claiming that a deal has NOT yet been finalized, but that the fuel cell company is in negotiations with both Daimler and Ford.

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