New agreement will speed up development of fuel cell EV technology

Posted on January 25, 2013 by in Latest News

Nissan, Daimler and Ford will be working together on FCEV technology

NISSAN, Daimler and Ford have signed a unique agreement to speed up the development of fuel cell electric vehicle (FCEV) technology.

The aim is to jointly develop a common fuel cell electric vehicle system while reducing the investment costs associated with the associated engineering. Each company will invest equally in the project.

And as a result, it’s hoped that the world’s first affordable, mass-market FCEVs could be on the market as early as 2017.

Together, Daimler, Ford and Nissan have more than 60 years of cumulative experience developing FCEVs. Their FCEVs have logged more than six million miles in test drives around the world in customers’ hands and as part of demonstration projects in diverse conditions.

The partners plan to develop a common fuel cell stack and fuel cell system that can be used by each company in the launch of highly differentiated, separately-branded FCEVs, which produce no CO2 emissions while driving.

The collaboration sends a clear signal to suppliers, policymakers and the industry to encourage further development of hydrogen refueling stations and other infrastructure necessary to allow the vehicles to be mass-marketed.

Powered by electricity generated from hydrogen and oxygen, FCEVs emit only water while driving. They are considered complementary to today’s battery-electric vehicles and will help expand the range of zero-emission transportation options available to consumers.

Obvious next step

Mitsuhiko Yamashita, a member of the Board of Directors and Executive Vice President of Nissan Motor Co., Ltd: ‘Fuel cell electric vehicles are the obvious next step to complement today’s battery electric vehicles as our industry embraces more sustainable transportation.

‘We look forward to a future where we can answer many customer needs by adding FCEVs on top of battery EVs within the zero-emission line-up.’

Raj Nair of Ford Motor Company said: ‘Working together will significantly help speed this technology to market at a more affordable cost.

‘We will all benefit from this relationship as the resulting solution will be better than any one company working alone.’

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