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Nissan to create fuel cell car -report
By Osamu Tsukimori, CBS MarketWatch.com
TOKYO (CBS.MW) - Japan's Nissan Motor plans to develop a fuel cell and introduce a working model of a fuel-cell-powered vehicle by the fiscal year beginning April 2007, according to a published report.
Japan's second-biggest automaker plans to invest a total of 50 billion yen to 70 billion yen ($460 million-$644 million) through the following fiscal year beginning in April 2008 to develop a fuel cell and release a fuel cell-powered vehicle, the Nihon Keizai Shimbun reported on Saturday.
A Nissan spokeswoman declined to comment Monday on the report except to confirm that it plans to open a dedicated research center in Yokohama by the end of the year to study the development of a fuel cell and fuel cell-powered vehicle.
The move pits Nissan against Japanese rivals Toyota Motor and Honda Motor in the race to create a state-of-the-art fuel cell and next-generation fuel-cell vehicles, the report said.
Nissan will develop the vehicle frame and fuel cell stack, a core component in which purified hydrogen and oxygen from the air pass through linked plates, the report said.
Full Article Here
By Osamu Tsukimori, CBS MarketWatch.com
TOKYO (CBS.MW) - Japan's Nissan Motor plans to develop a fuel cell and introduce a working model of a fuel-cell-powered vehicle by the fiscal year beginning April 2007, according to a published report.
Japan's second-biggest automaker plans to invest a total of 50 billion yen to 70 billion yen ($460 million-$644 million) through the following fiscal year beginning in April 2008 to develop a fuel cell and release a fuel cell-powered vehicle, the Nihon Keizai Shimbun reported on Saturday.
A Nissan spokeswoman declined to comment Monday on the report except to confirm that it plans to open a dedicated research center in Yokohama by the end of the year to study the development of a fuel cell and fuel cell-powered vehicle.
The move pits Nissan against Japanese rivals Toyota Motor and Honda Motor in the race to create a state-of-the-art fuel cell and next-generation fuel-cell vehicles, the report said.
Nissan will develop the vehicle frame and fuel cell stack, a core component in which purified hydrogen and oxygen from the air pass through linked plates, the report said.
Full Article Here
