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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.

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Let em waste the money. There is no use pursuing this technology unless you see energy companies begin to talk about building the infastructure needed to support this technology, which will cost billions. The gasoline/electric hybird car is superior at this point in time. The hydrogen powered car is for latter half of the 21st century after the infastructure exists.
 
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