Intelligent Energy signs MoU

Intelligent Energy signs MoU

Fuel cell engineering business Intelligent Energy has signed a three-way Memorandum of Understanding (MoU) with the Tri-Ring Group and Hynertech to collaborate in the Chinese automotive market.

The three partners will target the full-scale commercial production in China of Tri-Ring road vehicles incorporating Intelligent Energy’s high-power fuel cell technology and hydrogen supply systems provided by Hynertech.

In addition, a development agreement will be entered into to build one or more demonstration vehicles using Intelligent Energy’s fuel cell system, which will be used by Tri-Ring to conduct trials and provide demonstrations to potential customers.

Intelligent Energy CEO David Woolhouse commented, “Tri-Ring and Hynertech are excellent partners for us in developing the fuel cell automotive market in China. Fuel cells are a significant and growing part of the solution for zero emission vehicles.”

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