From aftermarketNews Staff & Wire Reports
ORLANDO, Fla. — General Automotive Co., a North American provider of parts, accessories and advanced technology for the automotive industry, and SenCer Inc., have announced the terms of the operating agreement for their newly created joint venture — Advanced Composite Technology LLC (ACT).
General Automotive and SenCer, a technology research firm, recently formed the ACT joint venture to develop, commercialize and market SenCer’s UltraTemp ceramic composite materials for accelerating the development of energy-efficient, environmentally friendly fuel cell technologies.
The joint venture also plans to focus on advancing the development and commercialization of next-generation oxygen sensors, which represent a significant part of the company’s current business, and generated total annual revenues of $15.3 million in 2007.
The two companies claim ACT’s groundbreaking technology solves the two most persistent problems in fuel cell design — cost and durability — by replacing expensive platinum conductors with co-fired proprietary ceramic conductive layers. The technology will also enable the design of more sophisticated oxygen sensors to help maximize fuel economy and minimize exhaust emissions for motor vehicles worldwide, the company said.