GM, Honda Start Production at Hydrogen Fuel Cell JV
January 25 2024 - 9:12AM
Dow Jones News
By Will Feuer
General Motors and Honda said they have started commercial
production of hydrogen fuel cell systems at their joint venture in
Brownstown, Mich.
The automakers established the 50-50 JV, called Fuel Cell System
Manufacturing, in 2017 with a joint investment of $85 million. The
companies said the facility has created 80 jobs.
When the companies announced their plans for the facility, they
said they expect to start production around 2020.
Car companies have been working for decades on fuel-cell
technology, but only a few models are available in the U.S. and
sell in small numbers.
The technology offers advantages beyond zero emissions. Driving
distance between refuelings can exceed 350 miles, beating many
battery-electric vehicles and exceeding the range of many
gas-powered cars. Refueling takes just a few minutes, while
electric vehicles can take from 20 minutes to several hours to
recharge.
However, steep prices and the cost of building hydrogen-fueling
stations have prevented a widespread rollout.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 25, 2024 09:57 ET (14:57 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
General Motors (NYSE:GM)
Historical Stock Chart
From Nov 2024 to Dec 2024
General Motors (NYSE:GM)
Historical Stock Chart
From Dec 2023 to Dec 2024
