The head of Swatch, Nick Hayek, intends to use the company group’s subsidiaries Belenos and Renata to establish a second stream of income by developing electric cars with vanadium batteries. After many years of work, they are said to be tested soon in China. In summer 2015, Swatch had announced its decision to stop the development of fuel cell versions and transfer activities in this field to Groupe E
Splitting water into hydrogen and oxygen with the help of electrical energy is commonly known as water electrolysis. This process matches the oxyhydrogen experiments one may remember from the classroom, albeit in reverse. If the anode and cathode in an electrolyzer cell are separated by a semipermeable membrane or a diaphragm, the gases produced by the process can be directed out of the cell individually.