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Official: Honda spending $13.8 million on hydrogen infrastructure with FirstElem

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Old 11-19-2014, 06:00 PM
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Default Official: Honda spending $13.8 million on hydrogen infrastructure with FirstElem

Filed under: Emerging Technologies, Hydrogen, Honda


Honda is partnering with FirstElement Fuel to increase the number of hydrogen refueling stations in California. The two have signed a letter of intent to provide $13.8 of financial assistance that, with some state money, could let FirstElement build "at least 12 stations." This is the second OEM that FirstElement is working with to install H2 stations in California. It signed a deal worth an unspecified amount with Toyota to help build 19 stations.

State officials in California have said they are willing to spend $100 million to $200 million to build 100 hydrogen stations in the next few years. Honda says that FirstElement could build "at least 31" or them thanks to automaker and government investment.

At some point after March 2016, when its new fuel cell car will go on sale in Japan, Honda will start selling the production version of the FCEV in the US. Honda hasn't disclosed a price, but the fuel cell stack has a power density of 3.1kW/L and a range of 300 miles, combined with a refueling time of three to five minutes. The vehicle is Honda's next step to its target of a 30-percent reduction (based on 2000 levels) in CO2 emissions by 2020 from its US vehicles. Earlier this year, FirstElement said that it expects hydrogen stations to become profitable in about five years.Continue reading Honda spending $13.8 million on hydrogen infrastructure with FirstElement
Honda spending $13.8 million on hydrogen infrastructure with FirstElement originally appeared on Autoblog Green on Wed, 19 Nov 2014 19:00:00 EST. Please see our terms for use of feeds.
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