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Daimler, Ford to partner on fuel cell company

Daimler, Ford to partner on fuel cell company

Excerpt:
"Daimler and Ford Motor are partnering on a privately held company to develop automotive fuel cell technology, both companies announced Thursday.

The companies plan to buy the automotive fuel cell business unit of Ballard Power Systems, a British Columbia-based supplier of hydrogen fuel cells for vehicles. From that asset, they plan to start a private company, according to a joint statement."

http://www.news.com/8301-10784_3-9813478-7.html?part=rss&subj=news&tag=2547-1_3-0-5

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