The United States Department of Energy will offer Ford and the Los Alamos National Laboratory $6 million in order to speed up the advancement of fuel cell technologies.
It is reported that Ford intends to utilize the funds to assist it establish a more budget-friendly hydrogen fuel cell system it can quickly provide on a production car at a competitive cost.
Regardless of some heralding hydrogen vehicles as the future of the automobile industry, they’ve cannot take off like electric cars, primarily due to their high costs and the absence of hydrogen fueling stations throughout the United States and other parts of the world.
Upon revealing the financing, U.S. politician Debbie Dingell said “Ford is helping lead the country in the research and development of next-generation innovations that will make our cars cleaner, more secure and more fuel effective. This announcement will assist accelerate American innovation in clean energy innovations, and keep Michigan and the U.S. at the leading edge of establishing the cars and trucks of the future.”