Intelligent Energy confirmed that it has extended its joint development programme with one of its existing Asian automotive OEM customers. The new contract is worth CAD 10 million and is expected to last for approximately two and a half years. The new joint development programme marks another step in IE's long-standing links with the Asian automotive market where fuel cell electric vehicle commercialization has started with the arrival of consumer products on the market.

It will see further alignment of Intelligent Energy's differentiated fuel cell engine technology to the customer's product roadmaps.