Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Honda Signs MoU on Market Introduction of Fuel Cell Vehicles

Honda Signs MoU on Market Introduction of Fuel Cell Vehicles in Nordic Countries /

Today in Copenhagen Honda, along with Toyota, Nissan, and Hyundai, signed a Memorandum of Understanding (MoU) with organisations from the Nordic Countries supporting the market introduction of fuel cell electric vehicles (FCEVs) and hydrogen refuelling infrastructure between 2014 and 2017, further highlighting Honda's commitment to fuel cell electric vehicles as the ultimate zero emission technology.

Honda has been engaged in fuel cell Research & Development since the mid-1980s and has been at the forefront of the industry in both R&D and sales of this technology. Last month Honda announced an all-new fuel cell electric model for Japan, the U.S. and Europe to be launched from 2015. This new vehicle will showcase further technological advancements and significant cost reductions.

The MoU signed today seeks to generate dialogue with public and private stakeholders in Norway, Sweden, Iceland and Denmark on accelerating the market introduction of FCEVs and follows an agreement signed by car manufacturers in Europe in 2009 which identified 2015 as a potential point for market introduction in regions where hydrogen refuelling is available.

Commenting on Honda's involvement in this project, Ken Keir, Executive Vice President, Honda Motor Europe said, "In 2002 Honda became the world's first carmaker to put a fuel cell car on the road with regular customers, delivering the Honda FCX to fleet users in the United States and Japan. We want to continue to lead the way for fuel cell technology across the world including Europe. This MoU signifies that commitment."

The MoU was signed in the presence of the Danish Minister for Transport and the Director of the International Energy Agency, directorate of Sustainable Energy Policy and Technology at the 3GF conference in Copenhagen.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news