Ford gets $6m gov’t grant for fuel cell research
Ford Motor Company has secured a $6 million dollar grant from the United States Department of Energy to support the development of fuel cell and hydrogen technologies.
The funding will be shared by the Dearborn, Michigan-based American car manufacturer and Los Alamos National Laboratory in New Mexico and will support “research and development of next-generation technologies that will make our cars cleaner, safer and more fuel efficient,” said U.S. Congresswoman Debbie Dingell, Dearborn, in a press release.
Ford will use the funds to develop a lower-cost production system for fuel cells, which could contribute in making fuel cell car prices more competitive in the market, reports Detroit Free Press.
The hydrogen and fuel cell industry has shown strong growth with $2.2 billion in sales and more than 50,000 fuel cells shipped worldwide, according to the Energy Department’s 2014 Fuel Cell Technologies Market Report.
