General Motors, after flubbing its deal with Nikola, eyes a new hydrogen truck project
General Motors, which only a few months ago was forced to ditch its plans to acquire an equity stake in troubled hydrogen truck startup Nikola, is ready to move on. Today, the automaker announced it was teaming up with Illinois-based trucking firm Navistar and OneH2, a North Carolina-based hydrogen fuel cell company, to put more hydrogen-powered long-haul trucks on the road.
The three companies, along with JB Hunt Transport Services, are planning to roll out “a complete solution” for a fleet of heavy-duty, zero-emission, hydrogen fuel cell trucks. The move is further evidence that automakers are continuing to place huge bets on hydrogen, the most abundant element in the universe, despite major fueling limitations.