Daimler to Spend $500 Million on Hydrogen Fuel Pumps

Newswire

* Major problem for fuel-cell cars is lack of infrastructure * Daimler-led group to invest in German filling stations * Group wants about 400 hydrogen pumps by 2023, up from 15 FRANKFURT, Sept 30 (Reuters) - 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 (FCEVs) in Germany over the next 10 years, they said on Monday. Fuel-cell cars are seen by many in the ...

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