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GM unveils fuel-cell technology |
NEWS |
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| Syed Hussain, CEO of QUANTUM Technologies Inc., lifts a lightweight conformable fuel tank at a news conference announcing a partnership with General Motors. | ||||
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GM
says its future is in fuel cells |
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| Will internal combustion go the way of the horse and buggy? | ||||
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By Martin Wolk |
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June
12 —
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IN ITS LATEST STEP toward realizing that distant vision, the No. 1 automaker Tuesday said it will make a “substantial” investment in a California company that has come up with a way to double or triple the effective cruising range of a fuel cell-powered vehicle to 500 miles. GM did not provide financial details but said it would take a 20 percent stake in Quantum Technologies of Irvine, Calif., which focuses on storage solutions for alternative energy power. “This agreement will enable our two companies to work together on bringing fuel cell vehicles to the market,” said Larry Burns, GM vice president for research and development and planning. “It is a logical next step on the long road to a hydrogen-based economy.” Shares of Impco Technologies, the parent company of Quantum, rose $2.80 to $39.82 on the news. TANK BREAKTHROUGH Burns
said GM decided to invest in Quantum partly because of the company’s
breakthrough in developing a tank capable of carrying hydrogen aboard a car
or truck under the extremely high pressure of 10,000 pounds per square inch,
four times the current standard. The increase would translate to a cruising
range of 300 to 500 miles without refueling, compared with 100 or 150 miles
under the current standard. Unfortunately, the
issue of on-board hydrogen storage is far from the only major hurdle
standing in the way of a future in which millions of fuel cell-powered
vehicles quietly prowl the roads. All that is
years if not decades in the future. For now, GM has committed to putting a
working proptotype vehicle on the road by March 2002, and a spokesman said
the company very well could do it sooner. Burns said that by 2010 he expects
“hundreds of thousands” of vehicles on the road powered by hydrogen fuel
cells, mostly buses or other fleet-purchased vehicles rather than individual
passenger cars. That’s just a tiny fraction of the 56 million new vehicles
that roll off the world’s assembly lines each year, but Burns and other GM
officials believe that fuel cell-powered vehicles ultimately will come to
dominate the roads.
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