Ceres Power Holdings: Electric Vehicle Programme With Nissan
Edison | Jun 28, 2016 04:13AM ET
In March Ceres Power (LON:CWR) announced it was leading a UK government-backed consortium, including a global automotive company, to trial its Steel Cells with a view to extending the range of electric light commercial vehicles. It has now announced that the automotive company is Nissan (OTC:NSANY), which has recently announced its intention to develop the world’s first solid oxide fuel cell (SOFC) powered vehicle system running on bio-ethanol electric power. The programme takes Ceres into a new sector, complementing its activities in distributed power for residential and commercial properties and data centres.
Nissan is deploying fuel cells with batteries in electric vehicles to offer similar cruising ranges to gasoline-powered cars (more than 600km) and similar refueling time. It is opting for SOFC rather than the PEM (proton exchange membrane) technology adopted by other automotive companies, as SOFC already works with natural gas rather than pure hydrogen, so should be more readily adapted for use with bio-ethanol. Bio-ethanol fuels such as those sourced from sugarcane and corn are widely available in countries in North and South America and Asia, supporting adoption of fuel cell vehicles in these regions without needing a hydrogen distribution infrastructure, as well as delivering a carbon-neutral solution.
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Ceres Power Holdings - Electric Vehicle Programme With Nissan
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