Daimler AG, Ford Motor Company and Nissan Motor Co., Ltd., have signed a unique three-way agreement to accelerate the commercialization of fuel cell electric vehicle (FCEV) technology. The goal of the collaboration is to jointly develop a common fuel cell electric vehicle system while reducing investment costs associated with the engineering of the technology, each with equal investments towards the project.
The partners plan to develop a common fuel cell stack and fuel cell system that can be used by each company in the launch of highly differentiated, separately branded FCEVs, which produce no CO2 emissions while driving.
Mitsuhiko Yamashita, Member of the Board of Directors and Executive Vice President of Nissan Motor Co., Ltd., said: “Fuel cell electric vehicles are the obvious next step to complement today’s battery electric vehicles as our industry embraces more sustainable transportation. We look forward to a future where we can answer many customer needs by adding FCEVs on top of battery EVs within the zero-emission lineup.”
Sharing the same insight, Daimler AG’s Member of the Board of Management, Thomas Weber stated: “We are convinced that fuel cell vehicles will play a central role for zero-emission mobility in the future. Thanks to the high commitment of all three partners we can put fuel cell e-mobility on a broader basis. This means with this cooperation we will make this technology available for many customers around the globe.”
“Working together will significantly help speed this technology to market at a more affordable cost to our customers,” said Raj Nair, group vice president, Global Product Development, Ford Motor Company. “We will all benefit from this relationship as the resulting solution will be better than any one company working alone.”
The unique collaboration across three continents and three companies will help define global specifications and component standards, an important prerequisite for achieving higher economies of scale.