Monitoring Desk
ISLAMABAD/TOKYO: Japan’s Honda Motor Co said it would start producing the new hydrogen fuel cell system jointly developed with General Motors Co in the current year and gradually increase sales to expand its hydrogen business.
Honda may hit annual sales of around 2,000 units of a new system in the middle of this current decade, the automaker said on Thursday, aiming to boost to 60,000 units per year in 2030.
The Japanese carmaker has sought to expand the use of its new system not only for its own fuel cell electric vehicles and commercial cars such as heavy trucks, stationary power stations, and construction machinery.
Honda starts production of hydrogen fuel cell system
Honda may start production of the hydrogen fuel cell system through its joint venture with General Motors (GM) that year, Honda managing executive director Shinji Aoyama said during the company event in Tokyo.
With the “next-generation” system, a company aims to more than double durability compared with its old fuel cell system and to bring the cost down by two-thirds.
Tetsuya Hasebe, general manager of Honda’s, said, “While commercial cars are in use all over the globe, they will likely see electrification just as with passenger cars,”.
