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Honda Eying Fuel-Cell Vehicle At Hybrid Price Point With The Help Of GM

Honda and General Motors have been humming along regarding work on hydrogen fuel cell vehicles. However, GM has already stated it has not brought a fuel cell vehicle to market due to the technology’s rapid state of advancement. In laymen’s terms, the technology is changing too fast, and by the time GM were to bring its fuel cell to market, it would be outdated.

Honda, on the other hand, has recently begun sales of its 2016 Clarity sedan, powered by a fuel cell, to fleet and government officials in Japan. In the short run, Honda does not expect major gains, but has high hopes for the future with collaboration with GM.

According to Bloomberg, Honda is hoping to scale down costs of fuel cell technology within the next decade. How will it accomplish that? Hopefully with the help of GM’s economies of scale, as the two consider a joint manufacturing facility to produce fuel cells and components. The goal is to bring price points of a fuel cell vehicle down to the cost of a typical hybrid vehicle.

For now, GM and Honda will continue in their strategic partnership, with future plans untold at this time.

Former GM Authority staff writer.

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