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$500 Million Investment of Filling Stations for Hydrogen Fuel-cell Cars

$500 Million Investment of Filling Stations for Hydrogen Fuel-cell Cars
Daimler and five oil and industrial gas companies will invest about 350 million euros ($500 million) on a network of hydrogen filling stations for fuel-cell electric vehicles in Germany over the next 10 years, they said on Monday. Fuel-cell cars are seen by many in the industry as the best long-term solution to lowering carbon emissions in cars.

Daimler and five oil and industrial gas companies will invest about 350 million euros ($500 million) on a network of hydrogen filling stations for fuel-cell electric vehicles in Germany over the next 10 years, they said on Monday.

Fuel-cell cars are seen by many in the industry as the best long-term solution to lowering carbon emissions from road transport, but a major problem – apart from a high price tag – is the lack of a refueling infrastructure.

(READ the story in Reuters)

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