Honda will start manufacturing of a brand new hydrogen gasoline cell system co-developed with GM

TOKYO (Reuters) – Japan’s Honda Motor Co stated it’ll start manufacturing of a brand new hydrogen gasoline cell system developed collectively with Common Motors Co this 12 months and enhance gross sales because it goals to regularly increase its hydrogen enterprise this decade.

Honda will goal annual gross sales of about 2,000 items of the brand new system by the center of this decade, the corporate stated Thursday, with a goal to extend to 60,000 items per 12 months in 2030.

The Japanese automaker is seeking to increase using its new system not just for its personal gasoline cell electrical autos (FCEVs), but in addition business autos equivalent to heavy vans, stationary energy stations and building gear.

Honda will start manufacturing of a hydrogen gasoline cell system this 12 months via a three way partnership with GM, Honda senior managing government director Shinji Awama advised reporters throughout an organization occasion in Tokyo.

With the “subsequent technology” system, the corporate goals to greater than double the sturdiness of its older gasoline cell programs and reduce prices by two-thirds.

“Whereas business autos are getting used world wide, they’ll doubtless see the identical electrification as passenger vehicles,” stated Tetsuya Hasebe, basic supervisor of Honda’s hydrogen enterprise improvement division.

This can doubtless result in a differentiation between battery-powered and gasoline cell-powered vans, he added.

(Reporting by Daniel Leusink; Enhancing by Chang-Ran Kim and Jamie Freed)