DaimlerChrysler AG, BP , BASF, Methanex Corporation, Statoil and XCELLSIS have entered into a co-operation agreement to evaluate what would be needed to facilitate the introduction and commercialization of methanol fuel cell vehicles. The goal is to establish a joint position after examining any health, safety, environmental and infrastructure issues associated with the use and introduction of methanol fuel cell vehicles. This position will be documented and published for the benefit of all fuel cell industry stakeholders. The parties also expect to implement their findings in a real world application in the near future.