GM to sell fuel cells for emergency backup

Newswire

By Michael Ellis HONEOYE FALLS, N.Y., July 29 (Reuters) - General Motors Corp. said on Monday it will enter the multi-billion market for back-up power systems by 2004 by selling stationary fuel cells to businesses that depend on a reliable supply of energy. Pursuing companies that pay hundreds of dollars per kilowatt hour for an uninterrupted flow of energy, such as hospitals, cellular phone networks and credit card processing centers, will allow GM to refine its fuel cells as it works ...

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