The company has been conducting lab tests to establish efficient electrolyte mixture and the optimal anode to cathode distance for maximum hydrogen production. It said that both tests have led to modifications that will increase the hydrogen output and also result in reduced manufacturing costs.
Additional testing further to that conducted in November 2009, is underway from the January 5, 2010 utilizing trucks installed with the Hydrocell running. The Electronic Control Data will then be downloaded and used in direct comparison to vehicles running the same route under the same conditions which are not equipped with the HydroCell.
GreenCell Technologies is scheduled for an initial public offering (IPO) of their shares in February 2010 and will expand into larger facilities in February.