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EU promotes hydrogen cars, hydrogen tech development
BRUSSELS, Oct. 10 (Xinhua) — The European Commission adopted two proposals Wednesday to encourage the development and marketing of clean and safe hydrogen cars.
The first proposal is to set up the Fuel Cells and Hydrogen Joint Technology Initiative, an ambitious industry-led program of research, technology development and demonstration activities.
This public-private partnership driven by Europe’s industry will come to life over the next six years with a financial contribution from the EU of 470 million euros (660 million U.S. dollars), to be matched by the private sector.
The initiative should accelerate the development of hydrogen technologies to the point of commercial take-off between 2010 and 2020, said the commission, the executive body of the European Union (EU).
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