We are reaching a point where combustion engines can not be made any more efficient or cleaner, and that’s why car makers are looking at alternate technologies to ensure an environmentally-friendly future. While some car manufacturers have gone down the route of full electric vehicles, Toyota doesn’t believe in investing all its resources into just one technology.
One particular technology that Toyota is committing itself to is Hydrogen Fuel Cells, which takes in hydrogen from a tank in the car and oxygen from the air outside to form a chemical reaction that generates electrodes to power the car. The resulting chemical reaction has only one waste product – clean water.
Ceres Power (LON:CWR) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented SteelCell® technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use. Ceres Power offers its partners the opportunity to develop power systems and products using its unique technology and know-how, combined with the opportunity to supply the SteelCell® in volume through manufacturing partners.
