VIENNA – The management board of Russia’s OAO AvtoVAZ, maker of Lada cars, approves financing for fuel-cell activities for 2005 and 2006. Antel 2 (above) is based on the Lada 2111 station wagon. “The decision shows AvtoVAZ’s readiness to work not only for tomorrow, but also for a long time perspective,” says Georgy Mirzoyev, the former head of AvtoVAZ’s development department who now is responsible for the fuel-cell project. AvtoVAZ has unveiled two fuel-cell concepts so far. Its ...
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