Source: Benzinga Feeds
Honda R&D Co. Ltd . (NYSE: HMC ) and Isuzu Motors Ltd . (OTC: ISUZY ) will jointly research hydrogen-powered fuel cell heavy-duty electric trucks as Honda makes its fuel cell expertise available to an outside company for the first time. A joint press release on Wednesday offered few details of the collaboration beyond an acknowledgment that fuel cells make more sense for the heavy-duty trucks that Isuzu makes than for passenger cars, where battery-electric propulsion is favored by most automakers. Several medium-duty truck makers are testing battery-electric propulsion because predictable routes ensure the trucks can return to base for overnight charging. The excess weight of batteries in heavy-duty long-haul applications affect range and reduce freight-carrying capacity. Still, several manufacturers, including BYD (OTC: BYDDF ) and Tesla Motors (NASDAQ: TSLA ), plan to produce battery-powered heavy duties. … Full story available on Benzinga.com
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