Toyota and GM to end fuel-cell joint venture

Toyota and General Motors will end their joint-research effort on fuel-cell development at the end of next month out of futility-- a 'lack of progress.' All is not bad news, however... the two automakers will extend their alliance in other disciplines (advanced safety, 'intelligent transportation systems,' etc.) for another year. The original Toyota-GM agreement stems back to 1999.

The split in this area of the joint venture may find Toyota seeking another partner to develop the technology... a move that would likely shake up alliances in the entire industry.

[Source: Asahi Shimbun]

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