The parent company of German luxury automaker Mercedes-Benz, Daimler, has announced it’s formed an alliance with Ford and Nissan to help accelerate the development and eventual launch of hydrogen fuel cell technology for cars.
The announcement comes just days after it was reported that Mercedes was delaying the launch of its first mass-produced fuel cell vehicle by at least three years, and seeking a partner to help share development costs.
It also comes just days after close rival BMW announced it would work with Toyota to jointly develop new fuel cell technology, along with next-generation batteries and other green technology.
The latest deal between Daimler, Ford Motor Company [NYSE:F] and Nissan is aimed at developing the world’s first affordable, mass-produced fuel cell vehicle by 2017. Until now, a limited number of fuel cell vehicles such as the Honda FCX Clarity and Mercedes’ own B Class F-Cell have been leased to companies and private customers on a trial basis.