{"id":581251,"date":"2010-05-26T17:29:00","date_gmt":"2010-05-26T21:29:00","guid":{"rendered":"http:\/\/www.autoblog.com\/2010\/05\/26\/report-toyota-and-daimler-planning-extensive-cooperation-on-f\/"},"modified":"2010-05-26T17:29:00","modified_gmt":"2010-05-26T21:29:00","slug":"report-toyota-and-daimler-planning-extensive-cooperation-on-fuel-cell-development","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/581251","title":{"rendered":"Report: Toyota and Daimler planning “extensive cooperation” on fuel cell development"},"content":{"rendered":"

Filed under: Mercedes-Benz<\/a>, Toyota<\/a>, Earnings\/Financials<\/a><\/p>\n

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Toyota Highlander FCHV-adv and Mercedes-Benz F-Cell<\/small><\/strong><\/em><\/div>\n

\nDaimler<\/a> began developing fuel-cell vehicles way back in 1994. To date, the company has spent $1.23 billion on the propulsion technology. Toyota<\/a> entered into the hydrogen realm even earlier by kicking off development back in 1992. With decades of combined experience, both companies have become front runners in fuel-cell technology. Toyota and Honda<\/a> became the first automakers to put commercial hydrogen fuel-cell vehicles on the roads back in 2002.<\/p>\n

As you are likely aware, Toyota has teamed up with Tesla<\/a> for development of electric vehicles at NUMMI<\/a>. Now, a new report suggests that the company may join forces with Daimler (which also holds stake in Tesla<\/a>) to develop affordable hydrogen-powered vehicles.<\/p>\n

According to the Financial Times Deutschland<\/em> (as reported in Reuters<\/em>), Toyota and Daimler plan “extensive cooperation in the field of fuel cells for electric cars.” The Financial Times<\/em> also suggests that the collaborative work could take the form of a joint venture. The newspaper contacted both companies for official confirmation, but Toyota denied knowledge of any such deal and Daimler was not available for comment.<\/p>\n

Last year, some of the major players in fuel cell technology agreed to work together to promote the adoption of the hydrogen-powered vehicle. Within that group, we saw names like Daimler, Toyota, General Motors<\/a>, Ford<\/a>, Honda, Nissan<\/a> and Hyundai<\/a>. With so many companies pledging to combine their might on fuel-cell vehicle development, we assumed that some sort of joint venture would emerge. Tim Urquhart, an analyst at IHS Global Insight suggests that a Toyota-Daimler joint venture could benefit both companies. As Urquhart said: <\/p>\n

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The high development costs associated with trying to bring fuel-cell powertrain technology to production means that it is a highly logical step for Daimler and Toyota to try and share the costs and their extensive knowledge in fuel-cell technology<\/span><\/em>.<\/div>\n<\/blockquote>\n

At this point, it may just be wishful thinking, but we’d love to see a joint venture between the two companies. It would surely help out the hydrogen vehicle programs of each respective company and a joint venture might<\/em> even bring more jobs back to NUMMI<\/a>.<\/p>\n

[Source: Reuters<\/a>]<\/p>\n

Report: Toyota and Daimler planning “extensive cooperation” on fuel cell development<\/a> originally appeared on Autoblog<\/a> on Wed, 26 May 2010 16:29:00 EST. Please see our terms for use of feeds<\/a>.<\/p>\n

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Read<\/a> | Permalink<\/a> | Email this<\/a> | Comments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Filed under: Mercedes-Benz, Toyota, Earnings\/Financials Toyota Highlander FCHV-adv and Mercedes-Benz F-Cell Daimler began developing fuel-cell vehicles way back in 1994. To date, the company has spent $1.23 billion on the propulsion technology. Toyota entered into the hydrogen realm even earlier by kicking off development back in 1992. With decades of combined experience, both companies have […]<\/p>\n","protected":false},"author":6338,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-581251","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/581251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6338"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=581251"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/581251\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=581251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=581251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=581251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}