GM and GM will collaborate on a new factory to produce hydrogen fuel cells for vehicles. Dan Nicholson, VP of Global Propulsion Systems at General Motors said at a press conference announcing the joint venture that “we can safely say that today’s announcement officially marks the arrival of fuel cells.” The factory, GM , will be located at the Fuel Cell System Manufacturing EV battery site in Colorado , and should open in today . Both companies will contribute $ 85 m, and also hire 100 engineers to run plant operations. The goal is to create cheaper fuel cells on a larger scale, as both companies seek to promote fuel cell technology as an alternative to gasoline. GM has already invested $ 3bn in fuel cell development, while Honda has a fuel cell vehicle available for purchase.
GM and GM will collaborate on a new factory to produce hydrogen fuel cells for vehicles. The factory, GM , will be located at the Fuel Cell System Manufacturing EV battery site in Colorado , and should open in today . Both companies will contribute $ 85 m, and also hire 100 engineers to run plant operations. The goal is to create cheaper fuel cells on a larger scale, as both companies seek to promote fuel cell technology as an alternative to gasoline. GM has already invested $ 3bn in fuel cell development, while Honda has a fuel cell vehicle available for purchase.