31 Jan '17, 6pm

GM & Honda Investing $85M On Michigan-Based Hydrogen Fuel Cell Assembly

I have nothing positive to say about fuel cells, but I will play devil’s advocate and defend GM here: They are in the business of building and selling cars. Whatever cars the market calls for. The State of California continues to invest public money heavily onto hydrogen technology, specifically subsidizing re-fueling stations. With this infrastructure there will be at least a few drivers wanting FCV’s, fools though we think they be. GM has to cover all their bases, for both “smart buyers” like us and “fools” like FCV drivers. They have to have vehicles that can be sold into the California market that can be compatible with this expectation by the State of California and CARB. We frequently lambast GM for their policy of not investing in the EV recharging infrastructure despite building EV’s, but we now can be equally glad that they also are not investing in hydrogen fueli...

Full article: http://gm-volt.com/2017/01/31/gm-honda-investing-85m-mich...

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