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Daimler, Ford Place Huge Bet on Hydrogen

The two automakers have launched a new company, Automotive Fuel Cell Cooperation, by buying a majority stake in Ballard Power Systems' automotive fuel cell division. With most of the major automakers seriously investigating hydrogen's potential - and some of them already putting a limited number of cars in driveways -- Daimler and Ford want to lead the pack and make what has been frightfully expensive technology cheaper and more viable for daily use.

Source: Wired Blog Network, 11/08/07
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