Joint Fuel-Cell Projects Now on Tap

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Bloomberg News - January 28, 2013

Several major automakers have signed agreements to develop fuel-cell technology, targeting their use in electric cars, and beyond.

Find out more about upcoming fuel-cell development.

Daimler AG and Nissan Motor Co. signed an agreement with Ford Motor Co. to develop fuel-cell technology together for electric cars.

The partners plan to introduce the first mass-market fuel- cell electric models in 2017 and are targeting production of at least 100,000 cars, Thomas Weber, Daimler’s head of research and development, said today at a press conference in Nabern, Germany. The manufacturers will invest equal amounts in the project to develop fuel-cell stacks and systems, they said in a joint statement, without giving details.

Toyota Motor Co., the world’s biggest carmaker, and Munich-based Bayerische Motoren Werke AG, the largest luxury-car manufacturer, announced a partnership on Jan. 24 to develop fuel-cell systems, in addition to cooperation in other areas including light-weight technologies and a common sports-car platform

Joint developments allow the manufacturers to share costs and achieve higher volumes once production starts. Daimler and its partners are using their project to send a “clear signal” to governments and suppliers of the need to develop a hydrogen- fueling infrastructure worldwide.

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