GM signs fuel cell deal with U.S. Energy Dept.


NEW YORK, March 30 (Reuters) - General Motors Corp. , the world's largest carmaker, said on Wednesday it had signed an $88 million deal with the U.S. Department of Energy over five years to build a 40-vehicle fuel cell fleet and further develop the technology. GM will spend $44 million to deploy fuel cell vehicle demonstration fleets in Washington D.C., New York, California and Michigan. The Department of Energy will contribute the other half of the investment in the experimental program, ...

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