General Motors takes aim at boosting its hydrogen generators business
GM announced that it would be expanding its fuel cell strategy beyond vehicles. General Motors (GM) recently announced its intentions to take its fuel cell business beyond vehicles by becoming a supplier of hydrogen generators. Uses for this equipment include everything from data centers to construction sites, music festivals and military. By placing an additional focus on hydrogen generators, it will make it possible for GM to be able to scale and leverage the H2 investments it has already made, while also refining the tech, according to the automaker’s execs. “Think of places where you don…
GM announced that it would be expanding its fuel cell strategy beyond vehicles.
General Motors (GM) recently announced its intentions to take its fuel cell business beyond vehicles by becoming a supplier of hydrogen generators.Uses for this equipment include everything from data centers to construction sites, music festivals and military.
By placing an additional focus on hydrogen generators, it will make it possible for GM to be able to scale and leverage the H2 investments it has already made, while also refining the tech, according to the automaker’s execs. “Think of places where you don't have a permanent installation for power generation, but you need clean power sources,” said GM Hydrotec business executive director Carlie Freese in a media call. At that time, the automaker declined the opportunity to specify its revenue expectations from the new business. The company also stated that the price and availability date for the H2 units would be announced at another time.