Financial Daily from THE HINDU group of publications
Friday, Sep 02, 2005
Financial Daily from THE HINDU group of publications Friday, Sep 02, 2005 |
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Two/Three Wheelers Corporate - Research & Development Industry & Economy - Non-conventional Energy Bajaj-US agency combine develops hydrogen-run auto Our Bureau
ECO DRIVE: The President of Asian Development Bank, Mr Haruhiko Kuroda, the Bajaj Auto CMD, Mr Rahul Bajaj, and the CII President, Mr Y.C. Deveshwar, on the hydrogen fuel-run auto, jointly developed by Bajaj Auto and The Energy Conversion Devices of the US, in the Capital on Thursday. - Kamal Narang
New Delhi , Sept. 1 AN Indo-American business alliance forged under the United States-Asia Environmental Partnership (US-AEP) has developed a three-wheeler powered by hydrogen fuel. The vehicle, being exhibited at the annual convention of the Society of Indian Automobile Manufacturers (SIAM), is one of the two such demonstration models in the world. The development of the vehicle is a step in international efforts to mitigate climate change through a future hydrogen economy, a US Embassy release said here today. The Energy Conversion Devices of Troy, Michigan, and the Pune-based Bajaj Auto Ltd (BAL) have worked together to make the prototypes a reality, the release said. The vehicles perform at levels equal to those of conventional Compressed Natural Gas (CNG) three-wheelers, the release said. The next step for the hydrogen transportation initiative includes exploring fuel availability, fuelling infrastructure, and safety codes and standards that would raise performance to the level of a gasoline-fuelled vehicle. The other existing demonstration vehicle is now on the streets of Troy, Michigan, near its American developer. The Indian model is housed at the Bajaj headquarters in Pune. Another key partner in the effort is the US Department of Energy, the release said, adding that the United States Agency for International Development (USAID) also provided funding of $500,000.
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