The project about technology transferring, principal research and cooperative development of the high performance-price ratio hydrogen storage alloy was supported by the fund of “promoting the University-Industry Cooperation” of Zhongguancun Science Park Haidian District Management committee in September 2009.

Under dual pressure of energy and environment, studying and developing green vehicles, such as hybrid electric vehicles were paid attention by many countries. The high performance-price ratio hydrogen storage alloy used in hybrid electric vehicles was being  studied by our company and our cooperators such as University of Science and Technology Beijing and Zhejiang University. The optimization of composition and preparation technology was studied, and the performance of hydrogen storage alloys will reach the international advanced level. Intellectual properties will be got by our company. This project was supported by the special fund of “promoting the University-Industry Cooperation” administered by Science and Technology Committee of Haidian District, which is one of the technology project funds used to promote the development of industries in Haidian.