Honda-GM Joint Venture to Start Producing New Hydrogen Fuel Cell This Year
- February 3, 2023
- Posted by: Quatro Strategies
- Category: Cleantech
Japan’s Honda announced its plans to start production of a new hydrogen fuel cell system jointly developed by U.S. automaker General Motors this year. The company said it targets annual sales of around 2,000 units of the new system in the middle of this decade, which would then be gradually increased to reach 60,000 units a year in 2030. The Japanese automaker looks to expand the new fuel cell’s use not only for its own fuel cell electric vehicles (FCEVs) but also commercial vehicles such as heavy trucks.
Honda will start production of the hydrogen fuel cell system through its joint venture with GM this year.
The company aims to more than double the durability compared to its older fuel cell technology, while also bring down costs by two thirds.
“While commercial vehicles are in use all over the world, they’ll likely see electrification just as with passenger cars,” said Hasebe, general manager of Honda’s hydrogen business development division.
That would likely lead to a divergence in trucks using batteries and those running on fuel cells, he added.
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