Groupe Renault & Plug Power Join Forces to Become Leader in Hydrogen LCV
Groupe Renault & Plug Power Join Forces to Become Leader in Hydrogen LCV January 12, 2021; Memorandum Of Understanding (MOU) signed to launch a 50-50 joint-venture (JV) based in France by the end of the first half of 2021, targeting over 30% share of the fuel cell-powered light commercial vehicle (LCV) market in Europe. Joint-venture will establish in France state-of-the-art innovation and manufacturing capabilities for hydrogen fuel cell systems and their integration in vehicles. The partnership provides a unique value proposition: turn-key fuel cell vehicle solutions with hydrogen fuel, re...
Source: theautochannel.com