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Ford, Daimler, Nissan Partner on Fuel-Cell Development
Ford, Daimler and Nissan have agreed to pool their resources to develop a common fuel-cell system that could power 100,000 or more electric vehicles as early as 2017.
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Ford, Daimler and Nissan have agreed to pool their resources to develop a common fuel-cell system that could power 100,000 or more electric vehicles as early as 2017.
Fuel cells create electricity by chemically combining oxygen and hydrogen, forming water as the only byproduct. The technology isn't new, but reducing its cost has been a major challenge for carmakers.
The three companies will invest an unspecified equal amount in the project. They say that a common fuel-cell system will lower costs and encourage suppliers and governments to set up the hydrogen refueling infrastructure to support vehicles that use the technology.
All three companies have been working on fuel cells for years, accumulating more than 6 million miles of test drives to date. They plan to conduct engineering work under their new partnership at several locations worldwide.
The Ford-Daimler-Nissan agreement follows an announcement last week that BMW and Toyota will expand their collaboration to include fuel-cell system development also to reduce costs and get fuel-cell-powered cars into production faster.
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