NAV - Navistar and General Motors advance hydrogen truck plans
Navistar ([[NAV]] +0.0%) says it plans to start selling low-emission hydrogen-powered heavy trucks under a partnership that includes General Motors ([[GM]] -5.2%) and a small distribution company called OneH2. The new venture is an early commercial deployment of the technology in U.S. long-haul trucking.Navistar hopes the venture will lead to the use of hydrogen-electric trucks, which will reduce greenhouse gas emissions that come from burning diesel fuel. Under the terms of the arrangement, GM will provide fuel cell power cubes to Navistar, while OneH2 will set up fueling stations either by trucking hydrogen to terminals or through small hydrogen generation units. Meanwhile, J.B Hunt Transport (JBHT) will use test trucks in a pilot program starting near the end of the year.Navistar says its trucks will be able to go more than 500 miles (800 kilometers) on a single charge and can be refueled in less than 15 minutes.Source: Press ReleaseSeeking Alpha author
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Navistar and General Motors advance hydrogen truck plans