Quantum Partners with Major Chinese Automaker

Quantum Fuel Systems Technologies Worldwide Inc. of Irvine, California, has signed a memorandum of understanding to establish a cooperative joint venture with a major automaker in China for the development and commercialization of hybrid and alternative fuel vehicles, manufacture of gaseous fuel components, and integration of advanced propulsion systems.

Quantum has partnered with one of the fastest growing automakers in China, which is now the second largest automotive market in the world. Quantum and the Chinese automaker will develop hybrid vehicles, manufacture gaseous fuel management components, and distribute powertrain components.