General Motors and Honda have announced a long-term agreement to co-develop next generation fuel cell system and hydrogen storage technologies, aiming for the 2020 time frame. They will share expertise, economies of scale and common sourcing strategies.
They will be working to advance refuelling infrastructure, critical for the long-term viability and consumer acceptance of fuel cell vehicles.
It has the potential to help reduce our dependence on petroleum, on emissions challenges, efficiency, range (fuel cell vehicles can have up to 400 miles driving range) and refuelling times (3 minutes). Fuel cell vehicles can operate on renewable hydrogen made from sources like wind and biomass; the only emission is water vapour. The technology can be used on small, medium and large vehicles.
The companies are acknowledged leaders in fuel cell technology.