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Ford and MIT in New Energy Research Partnership
1 October 2007
Ford Motor Company and MIT announced an energy research partnership that will focus on new powertrain, fuel and energy technologies.
This new energy research partnership builds on the existing Ford-MIT Alliance, begun in 1997. With the establishment of this partnership, Ford becomes the inaugural Sustaining Member of the MIT Energy Initiative (MITEI), which was formally established in November 2006 to address global energy issues.
As the inaugural Sustaining Member, Ford Motor Company will have the initial seat on the MITEI Executive Committee, which is responsible for the overall strategic direction of the Initiative. This five-year collaboration will support Ford’s research program to develop new technologies and will include Ford’s sponsorship of two named MITEI fellowships – the Ford Alliance Energy Fellows.
The partnership will also support MITEI’s energy research “seed fund” to promote the development of a broad range of novel, innovative energy technologies and concepts from innovators across the Institute.
October 1, 2007 in Brief | Permalink | Comments (1) | TrackBack (0)
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Posted by: Bob | October 01, 2007 at 09:59 PM
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Good work Ford...
But please keep in mind that the partnership should lead to something useful, such as producing a reliable car that can have a 60MPG fuel efficiency for instance. Otherwise, Toyota will eat bigger percentage of your market share.