Renault-Nissan, Daimler and Ford to develop car fuel-cell | autos | Hindustan Times
Today in New Delhi, India
Aug 20, 2017-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Renault-Nissan, Daimler and Ford to develop car fuel-cell

The Franco-Japanese automakers Renault-Nissan have signed a deal with Daimler and Ford to develop a fuel cell which would equip electric cars from 2017, a joint statement said on Monday.

autos Updated: Jan 29, 2013 11:05 IST
A-combo-made-on-January-28-2013-shows-the-logos-of-carmakers-Renault-L-Nissan-R-Daimler-C-and-Ford-The-Franco-Japanese-automakers-Renault-Nissan-said-on-January-28-2013-that-they-have-signed-a-deal-with-Daimler-and-Ford-jointly-to-develop-a-fuel-cell-which-would-equip-electric-cars-from-2017-The-three-groups-plan-to-hold-equal-shares-in-the-project-and-expect-to-launch-the-first-large-scale-production-of-affordable-fuel-cell-powered-vehicles-in-2017-a-statement-said-Photo-AFP
A-combo-made-on-January-28-2013-shows-the-logos-of-carmakers-Renault-L-Nissan-R-Daimler-C-and-Ford-The-Franco-Japanese-automakers-Renault-Nissan-said-on-January-28-2013-that-they-have-signed-a-deal-with-Daimler-and-Ford-jointly-to-develop-a-fuel-cell-which-would-equip-electric-cars-from-2017-The-three-groups-plan-to-hold-equal-shares-in-the-project-and-expect-to-launch-the-first-large-scale-production-of-affordable-fuel-cell-powered-vehicles-in-2017-a-statement-said-Photo-AFP

The Franco-Japanese automakers Renault-Nissan have signed a deal with Daimler and Ford to develop a fuel cell which would equip electric cars from 2017, a joint statement said on Monday.

The three groups plan to hold equal shares in the project and expect to launch the first large scale production of affordable fuel-cell powered vehicles in 2017, the statement said, without providing financial details of the agreement.

"The collaboration sends a clear signal to suppliers, policymakers and the industry to encourage further development of hydrogen refuelling stations and other infrastructure necessary to allow the vehicles to be mass-marketed," the statement said.

Electric vehicles already represent a major development strategy for Renault-Nissan, and fuel cells, which used a chemical reaction between hydrogen and oxygen to produce electricity, are presented as a complement to that effort.

The companies aimed to "maximise design commonality, leverage volume and derive efficiencies through economies of scale," it added.

Nissan has already signed a similar agreement with fellow Japanese companies Toyota and Honda, and the Korean group Hyundai, to sell vehicles equipped with fuel cells in Scandinavian countries from 2015.