Watch Makers are in Search of the Alternative Source of Energy
The companies Swatch Group and Group E will make a company to search for and explore an energy friendly to the environment.
Besides electro energy, the companies plan to invent a few devices for automotive industry.
The newly created company will explore a fuel on the base of hydrogen and batteries for electric engines. The goal of the company is to render electricity to households and automobiles.
The first newspaper to write about the new organization was “LA?A€A™Hebdo“. The organization’s partners are an international Bank (the name of which is yet kept secret), federal polytechnic schools of Lausanne and Zurich, Hayek Engineering and probably some other companies.
Some time before, Nicolas Hayek, the head of Swatch Group, stated that he wanted to design a car that would be totally friendly to the environment. The foundation of the organization might be the beginning of the realization of his plans.
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