Daimler AG, Ford Motor Company and Nissan Motor Co., Ltd., have signed an agreement for the joint development of common fuel cell system to speed up availability of zero-emission technology and significantly reduce investment costs

The agreement which spans across three continents is expected to lead to the  launch of the world’s first affordable, mass-market fuel cell electric vehicles as early as 2017 sending a strong signal to suppliers policymakers and industry to encourage the further development of hydrogen infrastructure worldwide.

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

“Fuel cell electric vehicles are the obvious next step to complement today’s battery electric vehicles as our industry embraces more sustainable transportation,” said Mitsuhiko Yamashita, Member of the Board of Directors and Executive Vice President of Nissan Motor Co., Ltd., supervising Research and Development. “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 lineup.”

“We are convinced that fuel cell vehicles will play a central role for zero-emission mobility in the future. Thanks to the high commitment of all three partners we can put fuel cell
e-mobility on a broader basis. This means with this cooperation we will make this technology available for many customers around the globe”, said Prof. Thomas Weber, Member of the Board of Management of Daimler AG, Group Research & Mercedes-Benz Cars Development.

“Working together will significantly help speed this technology to market at a more affordable cost to our customers,” said Raj Nair, group vice president, Global Product Development, Ford Motor Company.

Read full press release here

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