Vision Industries Corp.(OTCBB:VIIC) announces that the Company and Balqon Corporation have entered into a Joint Development Agreement to build its zero-emission hydrogen fuel cell /electric hybrid terminal tractor, the Zero-TT. The intended markets for the Zero-TT are distribution centers, rail yards and marine terminals.
“We are very familiar with Balqon’s technology and are excited to implement their drivetrain into our Zero-TT tractors,” says Martin Schuermann, CEO of Vision Industries Corp.
This agreement combines the Cargotec USA Kalmar chassis with Balqon’s proven drivetrain and Vision’s hydrogen fuel cell range-extender.
“We believe consolidating our efforts to address zero emission cargo transportation which combines our drive system and lithium battery technology with Vision’s fuel cell technology will add to zero emission offerings available to customers seeking to reduce diesel emissions,” says Balwinder Samra, CEO of Balqon Corporation.