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VW Says Fuel-Cell Cars Doomed to Struggle Outside of Japan

2014-09-08 12:40:45| Automakers - Topix.net

Volkswagen AG, vying with Toyota Motor Corp. for the lead in the global auto industry, said cars powered by hydrogen fuel cells will probably struggle catching on beyond Japan's borders. Government subsidies of as much as 3 million yen a vehicle offered in Japan will probably be too high for other countries to match, Volkswagen Group Japan President Shigeru Shoji said in an interview last week.

Tags: japan cars struggle doomed

 

Toyota plots 'society-changing' fuel-cell car for the masses

2014-09-02 02:05:26| Automakers - Topix.net

Unlike hybrids, which do emit carbon gases, or electric cars, which tap into grids often supplied by fossil-fuel plants, the hydrogen cell runs with just hydrogen and oxygen , with the only byproduct being harmless water.

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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

2014-08-03 13:30:40| Green Car Congress

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FuelCell stock jumps as NRG boosts stake

2014-08-01 05:24:27| Electronics - Topix.net

FuelCell Energy's stock jumped more than 5 percent on Thursday after the company announced that NRG Energy was increasing its stake in the company and offering a $40 million revolving loan for project development efforts.

Tags: stock stake jumps boosts

 

Fuel-cell maker Hydrogenics expects first-ever profit this year

2014-07-31 02:12:01| Electronics - Topix.net

Canada's Hydrogenics Corp. reported a much smaller-than-expected quarterly loss and said it expects to post its first-ever profit on an adjusted basis this year, indicating a rise in demand for its fuel cells used in power backup systems.

Tags: year profit maker expects

 

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