Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

ITM Power PLC (ITM)

  Print      Mail a friend       Annual reports

Thursday 02 October, 2014

ITM Power PLC

Toyota to Launch Fuel Cell Sedan in 2015

RNS Number : 2737T
ITM Power PLC
02 October 2014
 



2 October 2014

 

ITM Power plc

("ITM Power" or "the Company")

 

Toyota to Launch Fuel Cell Sedan in 2015

 

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by Toyota, at the Paris Motor Show, of its intention to launch its Fuel Cell Sedan in Japan, the USA and in Europe during the course of 2015.  The full text of Toyota's announcement is set out below:

 

TOYOTA FUEL CELL SEDAN AT THE 2014 PARIS MOTOR SHOW

 

After more than 20 years of research, Toyota's vision of the car of the future has become a reality. The new Toyota Fuel Cell Sedan, seen for the first time in Europe at the Paris motor show, can carry four people in comfort, has a driving range comparable with a petrol engine vehicle and can be refuelled in around three minutes, yet its only tailpipe emission is water vapour.

 

The world's first production hydrogen-powered saloon is a development of the Toyota FCV Concept that made its international debut at the 2013 Tokyo motor show. While remaining faithful to the avant garde styling of the concept, the Fuel Cell Sedan features a number of detail changes that make it practical for everyday driving, including adjustments to the radiator grille, headlamps, rear lights, aerial, roof and fuel filler flap. Unsurprisingly, the concept's rear-view cameras have been replaced by conventional mirrors.

 

The Toyota Fuel Cell Sedan will be launched in Japan, the USA and in Europe during the course of 2015.

 

Specific architecture
The Toyota Fuel Cell Sedan is designed to be practical for motorists' everyday needs, being a front-wheel drive, four-door, four-seat saloon. Performance and cruising range are like that of a petrol engine vehicle and filling the fuel tank takes roughly three minutes.

 

To maximise cabin space and lower the car's centre of gravity, the fuel cell, battery and fuel tanks are installed under the floor. The two tanks store hydrogen at pressures up to 700bar.

 

The front compartment houses the electric motor, electronic control system and boost converter. The converter increases the voltage produced by the fuel cell, so has allowed for the size of the motor and number of cells to be reduced, cutting costs and increasing performance.

 

The technology has advanced considerably since 2002 when Toyota began renting Highlander SUV-based fuel cell vehicles to customers in Japan and North America. A key difference in the new generation of fuel cells is that there is no humidifier; the humidity the fuel cell needs is taken directly from the water produced in the chemical reaction between the hydrogen and oxygen. This means the structure of the fuel cell has been made simpler, more compact, more reliable, lighter and cheaper to produce.

 

Commercialisation
The Fuel Cell Sedan will go on sale in Japan before April 2015 and preparations are under way for launches in the USA and European markets in the summer.

 

In Japan the Fuel Cell Sedan will be sold at Toyota and Toyopet dealerships, priced at approximately seven million yen (about £43,450). Initially sales will be limited to those parts of the country where a hydrogen refuelling infrastructure is under development. Prices for Europe and the USA have not yet been decided. Detailed information such as final prices, specifications and sales expectations will also be announced later.

 

Toyota's commitment to developing vehicles that are kinder to the environment is based on three principles: embracing diverse energy sources; securing low vehicle emissions; and driving positive environmental change by making these vehicles popular with customers.

 

Hydrogen has great potential as an alternative fuel. It can be produced from a wide variety of primary energy sources, including solar and wind power; it is easy to store and transport; and when compressed, it has a higher energy density than batteries. It could also be used in a much wider range of applications beyond automotive and domestic use, including large-scale power generation.

Fuel cell vehicles contribute to the diversification of vehicle fuels. They emit no carbon dioxide or substances harmful to the environment when driven, but offer the convenience associated with petrol-powered vehicles. Toyota believes the technology has great potential in the development of vehicles that are kinder to the environment and ideal for helping deliver sustainable mobility.

 

The HyFive project
The aim of the HyFive (Hydrogen for Innovative Vehicles) project is to speed up the introduction hydrogen-powered cars in Europe. The group is a partnership of 15 vehicle manufacturing and energy providing businesses who are joining forces to help ensure a co-ordinated deployment of fuel cell vehicles, in conjunction with establishment of the refuelling and fuel supply infrastructure they will require.

 

Toyota, BMW, Daimler, Honda and Hyundai will be responsible for delivering a fleet of 110 vehicles to six European cities: Bolzano, Copenhagen, Innsbruck, London, Munich and Stuttgart. A network of hydrogen refuelling pumps will be developed simultaneously within these five metropolitan areas, as well as in Sweden, Denmark's close neighbour.

 

The vehicles deployed by Toyota from the effective launch of the programme at the end of  2015 will be fitted with a continuous data logging system. This will operate throughout the three-year project, providing engineers with detailed, day-to-day feedback on the cars' use and performance, information that will be essential for further development of the fuel cell technology.

 

For all stakeholders, the project will raise the public image of the hydrogen-powered car, the future of private transport.

 

Main technical specifications
Power source  - hydrogen fuel cell
Fuel cell type - polymer electrolyte
Electric motor - permanent magnet
Hydrogen tanks - two high-pressure (700bar/70MPa) units

 

 

For further information please visit www.itm-power.com or contact:

 

ITM Power plc

Graham Cooley, CEO

 

0114 244 5111

Zeus Capital

Tim Metcalfe (Nominated Adviser)

John Goold (Institutional Sales)

 

020 7533 7727

Tavistock Communications

Simon Hudson / James Collins

020 7920 3150

 

About ITM Power plc:

ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of £10m gross in its IPO.  Further funding rounds of £28.5m in 2006, £5.4m in 2012, £2m in 2013 and £10m in 2014 have been completed.  The Company has now made the transition from a research and development company to a product manufacturer and technology provider.  The Company has both a strong base of intellectual property and engineering expertise for providing complete hydrogen solutions.

www.itm-power.com

 

-ends-

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAFSISUEFLSESS

a d v e r t i s e m e n t