GM, Honda to Collaborate on Next-Generation Fuel Cell Technologies
july 02, 2013 - Honda Auto
GM, Honda to Collaborate on Next-Generation Fuel Cell Technologies
General Motors (NYSE: GM) and Honda (NYSE: HMC) announced today a long-term, definitive master agreement to co-develop next-generation fuel cell system and hydrogen storage technologies, aiming for the 2020 time frame. The collaboration expects to succeed by sharing expertise, economies of scale and common sourcing strategies.