“Daimler, Toyota, BMW to lead 10 billion dollar hydrogen investment”
Daimler, BMW, and Toyota are leading a group of 13 companies pledging to invest more than 10 billion dollars in the next five years to push hydrogen fuel-cell vehicles with infrastructure-building and technology advancements, writes Danny King on autoblog.com. Automakers Honda and Hyundai, as well as companies such as Shell, AirLiquide, Linde Group, and Total SA, are also part of the “Hydrogen Council”.
On Bloomberg.com, John Lippert writes that the gamble demonstrates that batteries are not the only way to reduce pollution from cars, homes and utilities that are contributing to climate change.
Read the autoblog article in English here.
Read the Bloomberg report in English here.
Find more background on the carmakers' plans in the CLEW factsheets Early e-car starter BMW plans new mobility sprint and Reluctant Daimler plans “radical” push into new mobility world.