GM and Honda will collaborate on a new factory to produce hydrogen fuel cells for vehicles. The two companies said they would work together in the development of an advanced fuel-cell vehicle that can be used as part of a fleet or by individual drivers. Honda has a hydrogen fuel cell vehicle available already, in the FCX Clarity. Both companies will contribute $85m, 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 Honda will collaborate on a new factory to produce hydrogen fuel cells for vehicles. The two companies said they would work together in the development of an advanced fuel-cell vehicle that can be used as part of a fleet or by individual drivers. Both companies will contribute $85m, 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.