Two major car manufacturers have teamed up to establish the auto industry’s first ever manufacturing joint venture to mass produce an advanced hydrogen (H2) fuel cell system.
The partnership between General Motors Co. (GM) and Honda, named Fuel Cell System Manufacturing, LLC (FCSM), will operate within GM’s existing battery pack manufacturing facility site in Michigan.
The cooperation aims to produce fuel cell systems in mass production by 2020 with both companies making equal investments totalling $85m in the joint venture.
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